The Broncos went 8–4 overall and 6–2 in WAC play, in a tie for second place. This was their first year in the WAC after leaving the Big West Conference, which dropped football. Despite finishing bowl eligible, Boise State was not invited to a bowl game.
The loss to Washington State of the Pac-10 on September 8 was BSU's last regular season loss at Bronco Stadium for over a decade. Two weeks later, they began a 65-game regular season home winning streak that continued through October 2011 (BSU lost a bowl game at Bronco Stadium in 2005).
This was the first season that BSU and rivalIdaho were not in the same conference since 1969, when the Broncos were an NAIA independent. This prompted the introduction of the Governor's Trophy by UI alumnus Dirk Kempthorne to continue the series. The first game for the trophy was easily won by BSU and ironically played out of state, in Pullman, Washington. Idaho joined the WAC in 2005 and it returned to a conference game for six seasons. BSU joined the Mountain West Conference after the 2010 season; that was the most recent meeting and the Broncos hold a twelve-game winning streak over the Vandals, who last won in 1998.