The 2006 Sheraton Hawaiʻi Bowl Game was a college football bowl game that was a part of the 2006-2007 bowl game schedule of the 2006 NCAA Division I FBS football season and was the 5th Hawaiʻi Bowl ever played. It was played on December 24, 2006, at Aloha Stadium in Honolulu. The game matched the Hawaiʻi Warriors against the Arizona State Sun Devils, and was televised on ESPN. Hawaiʻi won the 2006 contest 41-24, finishing the season with eleven wins, tying the school record for most wins in a season with the 1992 Rainbow Warriors team that went 11-2.