The 1927 Oklahoma City Goldbugs football team was an American football team that represented Oklahoma City University during the 1927 college football season as a member of the Oklahoma Intercollegiate Conference (OIC). In Pappy Waldorf's, third and final season as head coach, the team compiled an 8–1–2 record, shared the OIC title with Oklahoma Baptist, and outscored all opponents by a total of 162 to 43. The Goldbugs had an opportunity to secure the conference title in the final game of the season, but played a scoreless tie against Oklahoma Baptist on December 3.