Lundy was born in Richmond, Indiana, and attended Purdue University, where he was the first black student to receive a football scholarship, and where he was named MVP of both the football and basketball teams in his senior year. The 6'7" Lundy was drafted by both the NFL and the NBA, but he opted for a career in football. Early in his professional career, Lundy (#85) was occasionally used as an offensive receiver, catching 35 passes for 584 yards and 6 touchdowns. He scored an additional 3 touchdowns on interception returns (coincidentally, on the only 3 interceptions of his NFL career). When he retired as a player, Lundy became an assistant coach for the San Diego Chargers, but was forced by illness to cease coaching.