The team competed as an independent program and finished the regular season with a 20–7 record.
The Flyers received an at-large invitation to the NCAA tournament where they were placed in the Midwest bracket against Colorado State.
The Flyers entered the 1967-68 season ranked #6 in both the AP and UPI Coaches polls, but faltered in early play.
The Flyers finished the 1967–68 regular season 17–9, missing the NCAA tournament.
The team received a bid to the NIT where Dayton defeated Kansas in the championship, 61–48, to secure their second NIT championship.