Floyd's first start with the EKU Colonels came as a freshman against the
Murray State Racers at
roverback, where he led the defense with twelve tackles. He finished the season with twenty-six tackles, eighth most on the team, with four
tackles for loss (TFLs) and one
fumble recovery as the Colonels finished with an 8–2 record. The team's eight wins tied a school record for most wins in a season. In Floyd's sophomore year, he had a three-interception game against
Austin Peay in a 35–10 EKU victory in September. Against
Jackson State in November, he had sixteen tackles, one interception and one fumble recovery. The Colonels finished with an 11–2 record and defeated the
Lehigh Engineers 30–7 to win the
1979 NCAA Division I-AA football championship, the first in EKU's history. After the season, head football coaches in the conference named him to the second-team All-OVC, composed of the second-best players at every position in the conference. Floyd led the OVC with thirteen punt returns and seven interceptions. He started every game, his sixty-eight tackles were fourth-most on the Colonels and he led the team with four fumble recoveries. Before the 1980 season, OVC football head coaches voted Floyd to the preseason All-OVC Team. He won OVC Defensive Player of the Year, made the OVC All-Conference first-team, and was named a
Kodak and an Associated Press
All-American (an honor given annually to the best college football players in the United States at their respective positions) as the Colonels finished with a 10–3 record and lost to the
Boise State Broncos in the
championship game 31–29. He finished the regular season tied for most interceptions in the OVC, with five, and finished with sixty-three tackles, seven TFLs and one fumble recovery. On
special teams, Floyd returned 17 punts for 142 yards. Before the 1981 season, an EKU media guide described Floyd as "one of the most consistent players EKU has ever had in the secondary" and as a "very intense player". After the regular season, Floyd won OVC Defensive Player of the Year, was voted to the First-team All-OVC, was selected as a Kodak and an Associated Press All-American, and won OVC Athlete of the Year (given to the best male overall athlete in the OVC, regardless of sport). In the postseason, Floyd had a two-interception game against Boise State in a 23–17 EKU victory, though the Colonels lost in the
championship game to the
Idaho State Bengals 34–23 and finished with a 12–2 record. He finished the year with seventy-two tackles and ten interceptions; on special teams, he returned thirty-six punts for 314 yards and a touchdown. At the end of his tenure with EKU, Floyd was in the school's record book eight times, and, , he holds or ties five school records: for longest interception return (100 yards), most punt returns in a single season (36), most interceptions in a single season (10), most career interceptions (22), and most career interception return yards (328). In 1999, Floyd was inducted into the
College Football Hall of Fame, and, in 2007, EKU inducted him into their Hall of Fame. Floyd was elected to EKU's All-Century team, composed of the best football players in EKU history for its first hundred years, in 2009. ==Professional career==