In 1921, the school joined the Southern Conference.[23] Overall, the Tar Heels played 32 seasons in the Southern Conference from 1921 to 1953. During that period they won 304 games and lost 111 for a winning percentage of 73.3%. The Tar Heels won the Southern Conference regular season 9 times and the Southern Conference Tournament Championship 8 times.

Carolina has played 160 games in the NCAA tournament. The Tar Heels have appeared in the NCAA Tournament Championship Game 11 times, and have been in a record 20 NCAA Tournament Final Fours.[10] The Tar Heels have made it into the NCAA tournament 50 times (second-most all-time),[11][12] and have amassed 123 victories (second most all-time).[11][12] North Carolina also won the National Invitation Tournament in 1971,[3] and appeared in two NIT Finals with six appearances in the NIT Tournament.[3] Additionally, the team has been the number one seed in the NCAA Tournament 17 times, the latest being in 2019 (most #1 seeds all-time).
For a player to have her jersey honored and hung in the Carmichael Auditorium rafters, she must have been a first-team All-American, been a member of an Olympic team as an undergraduate, or been selected by the coaches as Most Valuable Player of a national championship team. For retiring a jersey, a player must be named national player of the year.[3]
Greg Brown: "My top five schools are Kentucky, Texas, Memphis, Auburn, and North Carolina. I’ve visited all the schools, but Texas was the only official visit so far. I’m planning more officials, but it won’t be until late November. When I was at North Carolina it took me 30 minutes to get out of the there because I was signing autographs and taking pictures." (USA Today)
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