Red River Rivalry trophy
Since 2003 the Red River Rivalry trophy has been exchanged between the student bodies of the two schools. This trophy was developed by Alex Yaffe, former OU Student Body President, and Katie King, UT's former student body president. The trophy bears the image of the two states as well as miniature football helmets to represent both teams.
Governors' trophy
There is also a governors' trophy exchanged between the governors of the two states. The governors of Texas and Oklahoma often place a bet on the game such as the losing governor having to present a side of beef to the winning state governor, who then donates the beef to charity.
ROTC trophy
Another annual tradition is the running of game balls by the schools' Reserve Officer Training Corps programs. Each school's ROTC program uses a relay running system to run one game ball all the way from their respective campus to Dallas. Once there, they participate against each other in a football scrimmage, with the winner taking home a rivalry trophy and bragging rights. This trophy is awarded to the winner of the scrimmage, without regard to who wins the main football game.