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. 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.
After more than three decades, University of North Carolina women's basketball coach Sylvia Hatchell has resigned from leading the celebrated program. Her resignation followed an external review that found she made "racially insensitive" remarks, exercised "undue influence" on athletes to play while injured and lacked a connection with her players.