The stadium opened in September 1952 originally named Eagle Stadium. In 1954 it was named in honor of Theron J. Fouts, former football coach, athletics director and founder of UNT's track and field program. The stadium originally consisted of the two sideline grandstands on either side of the track, which runs towards the northwest, and sat 20,000. The endzone grandstands which stretch around the track, were added in 1994 and seat another 10,500. The addition of those overflow seats brought the stadium up to its current capacity. The playing surface of Fouts Field is Sportex Omnigrass Artificial Turf, which was installed prior to the 2005 playing season.
In 2011, the team began playing in Apogee Stadium, the new home of North Texas Mean Green football. The University master plan calls for the demolition of Fouts and the land to be absorbed by the university, effectively bridging the landlocked main campus to Mean Green Village. The University master plan calls for two residence halls, a parking garage, and a University Opera House to be built on the Fouts grounds.