In 1953, North Carolina split from the Southern Conference and became a founding member of the Atlantic Coast Conference.[28] The Tar Heels won their first NCAA Championship in 1957 under fifth year head coach Frank McGuire, who led an undefeated 32-0 squad dominated by Lennie Rosenbluth and several other transplants from the New York City area to a 54-53 triple overtime victory over Wilt Chamberlain's Kansas Jayhawks. C.D. Chesley, a Washington, D.C. television producer, piped the 1957 championship game in Kansas City to a hastily created network of five stations across North Carolina—the ancestor to the current syndicated ACC football and basketball package from Raycom Sports—which helped prove pivotal in basketball becoming a craze in the state.[29] The title game was the only triple overtime final game in championship history,[30] which followed a triple overtime North Carolina defeat of Michigan State 74-70 the previous night.
After most schools decided to disband their J.V. squads, North Carolina's athletic department opted to keep the team so that non-scholarship students were given the chance to play basketball for UNC. North Carolina also uses their J.V. team as a way for varsity assistant coaches to gain experience as head coaches, such as the current coach, Hubert Davis. Roy Williams was a J.V. coach for eight years before he was hired at Kansas.

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]
“There is always tremendous excitement surrounding ACC Basketball, and that’s no different as we look ahead to the 2019-20 season,” said ACC Commissioner John Swofford. “The league is coming off its third national championship in the last five seasons, and the collective success by our programs is second-to-none. In addition to the anticipation for the season to begin, this year also marks the debut of ACC Basketball on ACC Network which will provide our fans with even more opportunities to follow all of our programs.”
The 2010–2011 Tar Heels, with the addition of Harrison Barnes, Kendall Marshall, and Reggie Bullock, eighth in the preseason polls, struggled out the gates, starting with a 2-2 record, the worst start since the 2001–02 season. After losses to Illinois and Texas, the Tar Heels fell out of the rankings. The losses of senior Will Graves, to dismissal, and Larry Drew II, to transfer and also the unexpected off-season transfers of David and Travis Wear did not help matters. However, the Tar Heels improved greatly during the conference season, finishing first in the ACC regular season with a 14-2 record. Williams was named Conference Coach of the Year for his efforts of getting his team to work through the adversity to finish strong in the regular season.[44] Also during the season, the term Tar Heel Blue Steel was coined, referencing the Tar Heel men's basketball walk-ons. The term was started by one of the players, Stewart Cooper, in hopes that it would be a replacement for "walk-ons" and other less catchy names and soon enough Roy Williams caught on, as well as the rest of the Tar Heel Nation. North Carolina lost to Duke in the ACC Tournament Finals and made a significant run in the NCAA Tournament until they were eliminated in the Elite Eight by Kentucky, finishing with a 29-8 record.[45]

North Carolina is still alive in the recruitment for five-star shooting guard Bryce Thompson, one of the top uncommitted recruits in the 2020 class. The Tulsa, Oklahoma native cut his list down to seven teams in August. On Sunday, Thompson cut his list one more time as he trimmed it down to four finalists: UNC, Kansas, Oklahoma State, and Oklahoma. (Keeping It Heel)
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