They were led by head coach Billy Donovan, and played their home games in the O'Connell Center on the university's Gainesville, Florida campus.
The Gators made the Sweet Sixteen, before being upset by Gonzaga.
At the end of that game, Florida guard Kenyan Weaks was called for a controversial traveling violation.
Senior captains were guard Eddie Shannon and forward Greg Stolt.
The team featured freshmen Mike Miller, Teddy Dupay, and Udonis Haslem.