Veterans Memorial Stadium was originally dedicated in 1950 to the Troy State Teachers College students and Pike County residents who had died in World War II.

The stadium solely consisted of a small, 5,000-seat grandstand on the west side of the running track, and was built into the natural slope of the ground.

In 2014, the next renovation was to add a 1,240-square-foot (115 m2) Daktronics 15HD LED video board in the eastern corner of the south end zone above the lower stands.

In addition to this, new 300 feet (91 m) long Daktronics Slim-LED video ribbon boards were installed front of both the east and west upper decks.

The facility will add 402 club-level seats and the plans call for a first-floor that houses a strength and conditioning area and nutrition station; a second-floor locker room, sports medicine facility, team lounge and "cool-down" plunge pool; and a third floor filled with coaches’ offices, meeting rooms, video services and a recruiting lounge.

Before each Troy home football game, hundreds of Troy fans and students line University Avenue on campus to cheer on the team as they march with the Sound of the South band and cheerleaders from the Quad to Tailgate Terrace, surrounded by fans who pat them on the back and shake their hands as they walk toward Veterans Memorial Stadium.

One of the more popular traditions of gameday, during the pre-game show the band marches onto the field to prepare for the football team to run out of the gates.

in unison along with the announcer before the last line of the phrase: And so, with mighty warriors clad in strongest armorand well prepared to receive the lot dealt by fatethe contest is at hand.And the commander's spirit, ranging for revengeshall in a monarch's voice cry, 'Havoc!

The stadium hosted the last Blue–Gray Football Classic in 2003 after moving from Cramton Bowl in Montgomery, Alabama, where the game had been played for nearly 62 straight years.

The annual college football all-star game was cancelled by the Lions Club of Montgomery, Alabama due to the lack of a title sponsor.