The team competed as an independent program and finished the regular season with a 17–9 record.
The Flyers began the season ranked #6 in both the AP and UPI Coaches polls, but lost several early games and stood at 7–9 before a late season 10-game winning streak.
The Flyers received an invitation to the NIT where they won four straight games at Madison Square Garden to claim the 1968 NIT championship against Kansas.
The Flyers finished the regular season 21-5 and were awarded an at-large berth in the NCAA tournament's Mideast bracket where they finished as the National Runner Up.
The Flyers reached the program's first Elite Eight, Final Four, and national championship game before falling to champion UCLA.