Floyd reprised his football coaching success at MT in 1935 with an 8-0 season. With the help of player Charles "Bubber" Murphy who would later return to MT and rise to be the school's winningest coach, between 1935-38 Floyd's football record was 30-8-1. (His 15-34 basketball record for those same years was less remarkable.) In recognition of his contributions to the school, MT named its renovated, 30,788-seat stadium in Floyd's honor in 1999.
In the early spring of 1975, a pair of long-time supporters of Middle Tennessee State University's athletic program decided that the University should honor its greatest athletes. Homer Pittard, alumni director, and Gene Sloan, public relations director, came up with the idea and asked sports information director Jim Freeman to join them in setting up an athletic hall of fame.
After getting approval for the Hall of Fame from President M. G. Scarlett, the trio began laying the groundwork to select the first inductees. Others, including Bob Womack and Joe Nunley, were also involved.
"We decided not to have categories but to put all candidates in one group," said Freeman. "We also decided against inducting a large group to start with and felt that three per year was the ideal number. That way, everyone got a good share of the spotlight."
The nominating and voting for the first several years was done by members of the old "T" Club, now reorganized and called the Varsity Club. Nominations were solicited, and the the list of candidates was mailed to the voters. They selected Horace Jones, Charles "Bubber" Murphy and Teddy Morris as the initial inductees in 1976.
The Blue Raider Hall of Fame was originally housed in the old Blue Raider Room under the west side of the football stadium. It had to be torn down when then stadium was expanded in 1998. After several years without a home, the Hall of Fame moved into the new Rose and Emmett Kennon Sports Hall of Fame building in 2004.