In 1994, Texas A&M was in the midst of a four-year stretch of complete domination over the Southwest Conference. The Aggies had not lost a conference game since a 28-27 loss at Texas on December 1, 1990. In that same time period, SMU had won just three conference games. Their match-up on October 29th in the Alamodome was supposed to be another runaway victory for A&M. Instead, in front of 51,056 in San Antonio, the Mustangs shocked the football world by tying the Aggies in one of the 90 Greatest Moments in SMU Football History.

The 1994 schedule was one of the most difficult in SMU history. The Mustangs played five teams ranked in the AP Top 25, four of those games being on the road. Despite the difficulty of the schedule, SMU came within 29 points of a winning record. In six of the Mustangs' 11 games, they had an opportunity to win in the closing minute of the game, including games at No. 13 UCLA and against No. 23 North Carolina. A&M, on the other hand, entered the game ranked No. 7 in the country with hopes of completing a perfect season. They had already defeated LSU in Baton Rouge, Oklahoma by 22, and Southern Miss by 24, and would go on to beat Texas by 24. No one could have predicted what was about to happen.

SMU started the game without leading tackler Chris Bordano who was sidelined with a back injury. They then lost their second leading tackler in Troy Williams early in the first quarter when he was ejected for fighting. Despite being shorthanded, the Mustangs went toe-to-toe with the mighty Aggies. Late in the first quarter, the defense forced a fumble deep in A&M territory. It took SMU only one play to capitalize on the mistake. Ramon Flanigan hit Mick Rossley for a 26-yard touchdown pass and a 7-0 lead. Midway through the second quarter, the defense came up big again by forcing another fumble in A&M territory. Five plays later, Flanigan scored on a quarterback sweep from the three. SMU went into the half leading the Aggies 14-0.

As the second half began, it seemed like Texas A&M was finally going to get itself on track. Rodney Thomas scored on a 57-yard run to cut the Mustang lead in half early in the third quarter. Then on the first play of the fourth quarter, Thomas scored again, this time on a 25-yard pass from Corey Pullig. However, Keith Waguespack missed the extra point and SMU held on to a 14-13 lead.

Realizing the Aggies were building momentum, the Mustang defense rose to the occasion. They forced the third Aggie fumble of the day and recovered it at the A&M 29. Three plays later, Flanigan scored his second touchdown of the day, this time running right through the middle of the Aggie defense from the three. With eight minutes left, SMU was up 21-13. However, A&M was ranked in the top 10 for a reason. They responded by marching 58 yards in five plays for the tying score. Thomas scored on a 35-yard run, and Pullig hit Brian Mitchell for the two-point conversion to knot the score at 21 with 6:48 remaining.

Both defenses held their ground for the rest of the quarter until SMU made one last valiant attempt for the upset. Flanigan almost single-handedly moved the Mustangs into A&M territory to set up a field goal attempt. Ben Crosland came in with 29 seconds on the clock to attempt a 43-yard field goal. However, it was not meant to be as Crosland's kick hooked just outside the left upright. The Aggies had survived as the game ended in a 21-21 draw.

The college football world was in shock over the performance the Mustangs had shown that day. Sports Illustrated called it the upset of the year for 1994. SMU had broken A&M's 26-game SWC winning streak. The Aggies walked through the rest of the schedule to end the season with a record of 10-0-1 and ranked No. 8 in the final AP poll. On this day, however, SMU had shown they did not fear the Aggies. The Mustangs laid everything on the line as they tied the Aggies in of the 90 Greatest Moments in SMU Football .