The Stadium hosted the athletics events and the closing ceremonies of the 1993 World University Games held in July of 1993.

There are the original double-decked grandstands on either sideline spanning the entire length of the football field, a large bleacher grandstand around the south end of the track, and two shorter bleacher sections on the north side with the free-standing scoreboard located between them.

Students living on the North Campus typically walk to the stadium from their on-campus housing or take the UB Stampede shuttle buses directly to Alumni Arena, which is nearby.

In 1999, the school added two rounded bleacher sections to UB Stadium, raising the capacity to above 29,000.

In October 2017, demolition work commenced on the northern endzones of the stadium in preparation for the program's new 92,000-square-foot (8,500 m2), $18 million field house.