Considered by many to be Cornell’s most outstanding linebacker since World War II, Lally was a three-time Coaches All-Ivy first team selection. In addition, he received Associated Press All-America honorable mention all three of his varsity seasons. Lally was named to the AP All-East first team as a junior and senior and was second team All-East as a sophomore. Following his junior year of play, Lally, who captained the ’73 team, was the only defensive undergraduate named to the All-Time All-Ivy football team selected for the years covering 1956-72. In 1982, he was named to the Ivy League Silver Anniversary first team. In his senior year, Lally was drafted by the Miami Dolphins of the NFL and by the Memphis Southmen of the World Football League. He played for Memphis and started at middle linebacker. He was elected captain of the Southmen and led the team in tackles before the league folded in 1975.