San Jose State controlled the action all game long, jumping out to a 20–3 lead before New Mexico tacked on 9 points in the final few minutes. Spartan quarterback Adam Tafralis threw three touchdown passes, two to offensive MVP James Jones, in a dominant performance. With the loss, New Mexico's postseason drought was extended to 45 years.
The game was scoreless through the first quarter with each team punting on all of their three possessions.
On the first play of the second quarter, San Jose State quarterback Adam Tafralis threw a 76-yard touchdown pass to wide receiver John Broussard who was wide open on a blown coverage. The nine second scoring drive gave San Jose State a 7-0 lead they would not relinquish. On the ensuing kickoff, New Mexico return man DeAndre Wright took the kickoff to the San Jose State 40-yard line. The Lobos used the field position to set up a first and goal at the one-yard line but fumbled on third down in the endzone after San Jose State linebacker Matt Castelo put his helmet on the ball and knocked it loose from the Lobos' Rodney Ferguson. Spartan Damaja Jones caught the ball out of the air and returned it 57 yards to the New Mexico 43, changing momentum for good in the game. After a pair punts, Tafralis connected with wide receiver James Jones who made a man miss on the sideline and went in for a 36-yard touchdown to give San Jose State a 13-0 lead. The PAT was missed. New Mexico kicker Kenny Byrd got the Lobos on the board on the following drive with a 40-yard field goal to make the score 13-3.
After two punts to start the second half, New Mexico fumbled again on a crucial 4th and 1 run on their own side of the field and did not convert. On the fourth play of the ensuing Spartan drive, Tafralis took advantage with his third scoring toss of the day, connecting with James Jones for a 24-yard jump ball to increase his team's lead to 20-3. Spartans All-American defensive back Dwight Lowery returned an interception for a touchdown late in the quarter but it was wiped away by a pass interference call.
San Jose State's defense held New Mexico's offense in check after recovering three more Lobo fumbles, and looked poised to run out the clock. Backed up deep in their end zone and leading by 17, San Jose State coach Dick Tomey elected to have punter Waylon Prather take a safety rather than risk a turnover or blocked punt, bringing the score to 20-5. With only 58 seconds remaining after a squib kick, New Mexico quarterback Chris Nelson - who replaced freshman starter Donovan Porterie for the second half - led his team down the field with three first down throws and a 15-yard scoring strike to wideout Marcus Smith, cutting the deficit to 20-12. San Jose State recovered the ensuing onside kick with 15 seconds left and knelt on the ball, capturing the inaugural New Mexico Bowl.