 After losing two finals in a row to Bellaghy in 1999 and 2000, Ballinderry won the 2001 Derry Championship, once again defeating Bellaghy in the decider.The club went on to win the 2001 Ulster Club Championship with victories over St. Gall's in the quarter-final (after a replay), Cavan Gaels in the semi-final and Mayobridge in the final.Muldoon was awarded Ulster Football Award Winner at the AIB GAA Provincial Player Awards 2001 for his role in Ballinderry's march to claim the Ulster Club Championship.