The Tar Heels finished the season 29–7, 16–2 in ACC play to finish tied for the regular season conference championship with Virginia. As the No. 2 seed in the ACC Tournament, they advanced to the semifinals before ultimately losing to Duke. They received an at-large bid to the NCAA Tournament as the No. 1 seed in the Midwest region, where they advanced to the Sweet Sixteen before losing to Auburn.
North Carolina has been ranked in the Top 25 in the AP Poll an all-time record 908 weeks,[13] has beaten #1 ranked teams a record 14 times,[14] has the most consecutive 20-win seasons with 31,[15] and the most consecutive top-3 ACC regular season finishes with 37.[15] North Carolina has ended the season ranked in the Top-25 of the AP Poll 50 times and in the Top-25 of the Coaches' Poll 52 times. Further, the Tar Heels have finished the season ranked #1 in the AP Poll 5 times and ranked #1 in Coaches' Poll 6 times. In 2008, the Tar Heels received the first unanimous preseason #1 ranking in the history of either the Coaches' Poll[16] or the AP Poll.[17] In 2012, ESPN ranked North Carolina #1 on its list of the 50 most successful programs of the past 50 years.[18]

The 1922 Tar Heels won the SoCon, and the 1924 Tar Heels squad went 26–0, and was retroactively awarded a 'national championship' by the Helms Athletic Foundation in 1943 and later by the Premo-Porretta Power Poll.[2][27] The Tar Heels also won the 1925 and 1926 SoCon titles, three in a row and four in five seasons. Their fast style of play and stingy defense earned these teams the nickname "White Phantoms", used as an alternative nickname for the Tar Heels into the 1940s.

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.
The Tar Heels own several notable streaks in the history of college basketball. They appeared in either the NCAA Tournament or National Invitation Tournament (NIT) every year from 1967 to 2001. This includes 27 straight appearances in the NCAA tourney from 1975 (the first year that competition allowed more than one team from a conference to get a guaranteed bid) to 2001—the longest such streak in tournament history until it was broken by Kansas in March 2017. The Tar Heels also notched 37 straight winning seasons from 1964 to 2001, the third-longest such streak in NCAA history, behind UCLA's streak of 54 consecutive winning seasons from 1948 to 2001, and Syracuse's currently active streak of 46 seasons from 1971 to date. They also finished .500 or better for 39 years in a row from 1962 (Dean Smith's second year) to 2001, the third-longest such streak in NCAA history, behind Kentucky's streak of 61 consecutive seasons from 1926 to 1988 (the Wildcats were barred from playing in 1952–53 due to NCAA violations) and UCLA's 54-season streak.
The UNC women's basketball team will host Wingate Saturday for an exhibition game and final tune-up before the start of the regular season. Tipoff at Carmichael Arena is 2 p.m. and there is no charge for admission. The Tar Heels, under coach Courtney Banghart, open the season Thursday, when Western Carolina visits Carmichael for a 6 p.m. tipoff. (GoHeels.com)
The conference schedule features 10 games in December, including a full complement of seven ACC games the first weekend (Dec. 6-8). The league schedule resumes on New Year’s Eve with a trio of games with Boston College at Duke, Georgia Tech at Florida State and Miami at Clemson. Every conference member will play at least one home and road league game prior to the start of the new year. The conference schedule concludes Saturday, March 7.
The early signing period is less than two weeks away, but a bevy of questions remain regarding the nation’s elite basketball recruits. We know Jalen Green and Greg Brown will wait until the spring to sign, but what about Cade Cunningham, Bryce Thompson, and Ziaire Williams? This week we look at seven of the more difficult-to-read five-star recruitments. (Rivals.com)
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