Toledo entered the championship game as West Division champions, having compiled a 9–2 record, 7–1 record in MAC play. The Rockets started the season 8–0 and reaching No. 18 in the AP Poll before losing to Ball State for its only conference loss.
Marshall entered the championship game as East Division champions, having compiled a 9–2 record, 7–1 record in MAC play. After losing its season-opener to West Virginia, the Thundering Herd won nine of its next ten games. This marked Marshall's first season back in the MAC since it was suspended from the conference after the 1968 season.