Tim Tebow's two touchdown passes and Percy Harvin's two-yard touchdown run led the Florida Gators to their second BCS National Championship in three seasons. The Gators defeated the Oklahoma Sooners, 24–14, in front of a Dolphin Stadium record crowd of 78,468.
The Sooners, coached by Bob Stoops, lost one game during their regular season to Texas in the annual Red River Rivalry contest, 45–35 on October 11. During the regular season, quarterback Sam Bradford, winner of the 2008 Heisman Trophy, led the Sooners on offense to become the highest-scoring team in NCAA history (702 points) and the first team to score 60 or more points in five consecutive games. The game was Oklahoma's fourth BCS Championship appearance.
Meanwhile, the Gators, coached by Urban Meyer, were looking to win their second BCS championship in three years. They were led by 2007 Heisman winner Tim Tebow. The only blemish on their schedule was a loss to Mississippi (Ole Miss)at home, 31–30 on September 27. By prevailing, Meyer became the first coach to win two BCS championship games, and one of only five coaches in NCAA history to win two titles in his first four years at a college.
This was the first meeting between these two teams.
Despite both teams having potent offenses (the Gators had averaged over 45 points per game, while the Sooners averaged 54 points per game), neither team scored in the first quarter.
Quarterbacks Tim Tebow and Sam Bradford combined for four interceptions despite throwing for just eight combined over the course of the regular season.
The Gators thwarted two Sooners possessions that were inside the five-yard line: a stop on fourth and goal on the one-yard line in the second quarter, and an interception of Bradford's pass at Florida's three-yard line with 6 seconds to play in the first half.
Despite coming off an ankle injury and declaring himself at "90%", Percy Harvin had nine carries for 122 yards and a touchdown and five receptions for 49 yards. The injury was reported as a high ankle sprain, but Harvin later stated that it was in fact a hairline fracture.
Jimmy Stevens' 49-yard field goal attempt for the Sooners was blocked in the third quarter.
Florida was ranked #1 and Oklahoma was ranked #5 in the final AP Top 25 and USA Today Coaches Poll, released after the game.