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 Tommy Amaker, the team finished tied for third in the Big Ten Conference.

[1] The team earned a third seed but was defeated in the first round of the 2003 Big Ten Conference men's basketball tournament.

[6] The team had a 1–3 record against ranked opponents, with the lone victory coming against #24 Purdue 78–67 on February 19 at Mackey Arena.

[11] In the 2003 Big Ten Conference men's basketball tournament at the United Center from March 13–16, Michigan was seeded third.