Their head coach was Bobby Knight, who was in his 26th year.
The team played its home games in Assembly Hall in Bloomington, Indiana, and was a member of the Big Ten Conference.
The Hoosiers finished the regular season with an overall record of 22–11 and a conference record of 9–9, finishing in a tie for sixth in the Big Ten.
The Hoosiers received an at-large bid to the NCAA tournament as a No.
However, IU made a quick exit with a loss in the First Round to Colorado.