The Knights, from the American Athletic Conference, finished the regular season with a record of 9–3 (6–2 in conference play). The team tied with Cincinnati for second in the conference, with their victory over the Bearcats securing the tiebreaker to advance to the AAC Championship Game, in which they lost to Tulane, 45–28. The Knights are led by second-year head coach Gus Malzahn. This is the 14th bowl game for the Knights.
This will be UCF's final game as a member of the AAC, as the Knights are set to join the Big 12 Conference in 2023.[6]
The Blue Devils, from the Atlantic Coast Conference, finished the regular season with a record of 8–4 (5–3 in conference play). They are led by first-year head coach Mike Elko. This is the 15th bowl game for the Blue Devils.