The 1970 Longhorns finished the regular season with an unblemished 10–0 record to run their winning streak to 30 games, and met Notre Dame once again in the Cotton Bowl Classic at the Cotton Bowl in Fair Park. This time the #6 Fighting Irish won, 24–11, denying #1 Texas a third straight Cotton Bowl Classic victory and second straight consensus national championship. However, Texas had still earlier won the 1970 UPI (Coaches) National Championship.
Later that New Year's Day, #2 Ohio State lost 27–17 to #12 Stanford in the Rose Bowl. That night, third-ranked Nebraska defeated #5 LSU 17–12 in the Orange Bowl to give the 11–0–1 Huskers the post-bowl AP national championship. Through the 1973 season, the final UPI coaches poll was released in early December, after the regular season but before the bowl games.