Smith unexpectedly retired before the start of practice for the 1997–98 season. He was succeeded by Bill Guthridge, who had been an assistant coach at the school for 30 years, the last 25 as Smith's top assistant. During Guthridge's three seasons as head coach he posted an 80–28 record, making him tied for the then-NCAA record for most wins by a coach after three seasons.[36] The Tar Heels reached the NCAA Final Four twice, in the 1998 tournament and again in the 2000 tournament. North Carolina reached the Final Four in 2000 as an 8-seed, their lowest seeding in a Final Four appearance.[37]
Cole Anthony’s reaction to all his preseason hype: a shrug. “At the end of the day, from what the projections are saying, I feel I can do more than that,” he said. “I don’t want to just be first team All-ACC. I want to be Player of the Year.” Anthony walks the talk. The former Archbishop Molloy High School star is frequently in the gym late getting extra shots up. (New York Post)
Kerwin Walton, the 6-foot-5 shooting guard from Hopkins (MN), visits North Carolina this weekend for his second official visit. Walton took his first official visit to Arizona last month. Paolo Banchero, the 6-foot-9 forward from O’Dea (WA), visits Tennessee for his fourth official visit. Banchero, who said he will remain in the class of 2021, visited UNC in September. (Zag's Blog)
In the 2008–09 season, the Tar Heels won their fifth NCAA title by defeating Michigan State in the championship of the 2009 NCAA Men's Basketball Tournament. The Tar Heels won all six of that year's tournament games by at least 12 points, for an average victory margin of 20.2 points, and only trailed for a total of 10 minutes out of 240 through the entire tournament.[41] Wayne Ellington was named the tournament's Most Outstanding Player, the fourth Tar Heel so honored.

Dean Smith was widely known for his idea of "The Carolina Way," in which he challenged his players to, “Play hard, play smart, play together.”[51] “The Carolina Way” was an idea of excellence in the classroom, as well as on the court. In Coach Smith's book, The Carolina Way, former player Scott Williams said, regarding Dean Smith, “Winning was very important at Carolina, and there was much pressure to win, but Coach cared more about our getting a sound education and turning into good citizens than he did about winning.“ [52] "The Carolina Way" was evident in many practices the players would implement, including pointing to the player who assisted in a basket, giving him credit as an act of selflessness. This "Thank the Passer" practice is used throughout basketball today.[53]

In 2017-18, the Tar Heels were ranked at #9 in the Coaches poll. Forwards Isaiah Hicks, Kennedy Meeks, Tony Bradley, and Justin Jackson had left, while the team recruited Cameron Johnson. This season, the team did not earn the ACC regular season or postseason title. However, the Heels earned a #2 seed in the West of the NCAA tournament. The Tar Heels ended the season with a 26-11 record after being eliminated by Texas A&M in the round of 32 in the NCAA Tournament.

Greensboro Coliseum plays host to the 2020 New York Life ACC Tournament March 10-14, marking the 27th time the facility welcomes the conference tournament, and the first since 2014. Featuring all 15 ACC teams, the event begins with three first-round games on Tuesday, March 10, before concluding on Saturday, March 14 with the championship game. The entire tournament will air exclusively on the ESPN family of networks. Game times and network designations will be announced at a later date.
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]
Bryce Thompson and Kerwin Walton could be fighting over the same scholarship. Walton visited UNC last weekend and will head to Miami and Cal next. Thompson is done with visits, and Kansas and Oklahoma may be difficult to beat. Donovan Johnson fits UNC's needs on the wing, and his visit to Chapel Hill this weekend could steer him away from Arizona. (Rivals.com)
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