The 1954 Drake Bulldogs football team was an American football team that represented Drake University as an independent during the 1954 college football season. Led by seventh-year head coach Warren Gaer, the Bulldogs compiled a record of 2–7.

Date	Time	Opponent	Site	Result	Attendance	Source
September 18		at Colorado	Folsom Field Boulder, CO	L 0–61	14,500	[1][2]
September 24	8:00 p.m.	Denver	Drake Stadium Des Moines, IA	L 13–33	3,500	[3][4][5]
October 1	8:00 p.m.	Wichita	Drake Stadium Des Moines, IA	L 6–54		[6][7][8]
October 9	8:00 p.m.	at Iowa State Teachers	O. R. Latham Stadium Cedar Falls, IA	W 14–12	6,000	[9][10][11][12][13]
October 16		at South Dakota	Inman Field Vermillion, SD	W 26–33	3,500	[14]
October 23	2:00 p.m.	Bradley	Drake Stadium Des Moines, IA	L 7–14	5,000	[15][16][17]
October 30	2:00 p.m.	at Iowa State	Clyde Williams Field Ames, IA	L 0–35	7,642–8,000	[18][19][20][21]
November 5	8:00 p.m.	Kansas State	Drake Stadium Des Moines, IA	L 18–53	2,500	[22][23][24]
November 12	1:00 p.m.	at Wayne	Tartar Field Detroit, MI	W 33–24	580	[25][26][27]
Homecoming All times are in Central time

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