In fact, that was the first national, post-season, collegiate football game, with Stanford University taking on the University of Michigan. It didn’t turn out to be a very exciting game – Stanford lost 49-0 (and gave up in the third quarter).
In fact, that lopsided result was so discouraging that the Tournament gave up on football in favor of what?
Answer: Roman-style chariot races. Thankfully they changed back to football in 1916 and the rest is football history. You can read more about it at http://www.tournamentofroses.com/history/gamehistory.asp