The team played its home games in the Crisler Arena in Ann Arbor, Michigan, and was a member of the Big Ten Conference.

Under the direction of head coach Brian Ellerbe, the team finished tied for eighth in the Big Ten Conference.

[5] The team had a 2–8 record against ranked opponents, with both of its victories coming against conference foe Iowa who was ranked #14 at the time of the first meeting on January 20 at Carver-Hawkeye Arena, which resulted in a 70–69 victory, and #25 at the time of the February 14 meeting at Crisler Arena that Michigan won 95–85.

[8] Chris Young won the Big Ten Conference statistical championship for field goal percentage with a 64.0% mark in all of Michigan's games.

[9] In the 2001 Big Ten Conference men's basketball tournament at the United Center from March 8–11, Michigan was seeded tenth.