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However, the Mustangs had been put on probation by the NCAA for recruiting violations and, per its terms, were banned from participating in any bowl game in 1981 should they have won enough games to qualify. Since SMU's performance would have given them an automatic berth in the Cotton Bowl, the team decided to treat its final regular season game against Arkansas as their bowl game and nicknamed it the "Polyester Bowl".
SMU finished at #5 in the final Associated Press poll of the season. Because its rules prevent schools under probation from being considered, the Mustangs were not ranked in the UPICoaches Poll at all during the season.