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.” “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.“  "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.
In 1921, the school joined the Southern Conference. 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.
From the Tar Heels' first season in 1910–11 through the 2018–19 season, the program has amassed a .739 all-time winning percentage (second highest all-time), winning 2,261 games and losing 799 games in 109 seasons. The Tar Heels also have the most consecutive 20-win seasons with 31 seasons from the 1970–71 season through the 2000–2001 season. On March 2, 2010, North Carolina became the second college basketball program to reach 2,000 wins in its history. The Tar Heels are currently ranked 3rd all time in wins trailing Kentucky by 34 games and Kansas by 13 games. The Tar Heels are one of only four Division I Men's Basketball programs to have ever achieved 2,000 victories. Kentucky, Kansas, and Duke are the other three. North Carolina has averaged more wins per season played than any other program in college basketball.
The 2019–20 North Carolina Tar Heels men's basketball team will represent the University of North Carolina at Chapel Hill during the 2019–20 NCAA Division I men's basketball season. The team's head coach is Roy Williams, who is in his 17th season as UNC's head men's basketball coach. The Tar Heels play their home games at the Dean Smith Center in Chapel Hill, North Carolina as members of the Atlantic Coast Conference.
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.
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.
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)