The team played its home games in Lexington, Kentucky, United States for the 39th consecutive season at Rupp Arena, with a capacity of 23,500.

Trey Lyles (Indianapolis), Karl-Anthony Towns (Metuchen, N.J.), Devin Booker (Grand Rapids, Mich.) and Tyler Ulis (Chicago Heights, Ill.) all signed national letters of intent to play basketball at the University of Kentucky, starting in the 2014–15 season.

[14] He played for the Dominican Republic National Team in 2012 and 2013 which were coached by John Calipari and Kentucky assistant, Orlando Antigua.

[32] Along with the projected ranking, the Las Vegas 2015 NCAA Division I men's basketball tournament betting lines opened with Kentucky as a 5/1 favorite on April 29.

[49] The season officially began on November 14 with an 85 to 45 victory over Grand Canyon in the first game of the Cawood Ledford Classic at Rupp Arena.

[50][51] Two days later on November 16 Kentucky defeated Buffalo 71 to 52 in the second game of the Cawood Ledford Classic at Rupp Arena.

[56][57] Two nights later Kentucky defeated Montana State 86 to 28 in the third game of the Cawood Ledford Classic at Rupp Arena.

[58][59] Kentucky opened the second half on a 26 to 0 run, and Montana State's 28 points is the fewest for a UK opponent since the shot clock era began in 1985–86.

The Rebels led 38 to 36 at the break behind 50 percent shooting before Kentucky opened the second half with a spurt that put them by as many as six before Mississippi battled back.

Lyles made two foul shots with six seconds left in the first overtime for Kentucky, and Texas A&M took its time before missing a long 3 at the buzzer.

Down 66 to 63, Texas A&M's Kourtney Roberson made one of two free throws before a turnover by Lyles gave the Aggies the ball back with 26.9 seconds left.

A&M's Danuel House missed a 3-pointer with 16 seconds left and Kentucky's Johnson made two free throws to seal the game.

The Wildcats reclaimed control with 10 straight points en route to a 16–2 run that featured two 3-pointers by Ulis, one by Booker and a powerful dunk by Cauley-Stein.

Ulis started the comeback for Kentucky with a steal and basket before Booker made two fouls shots and a dunk and the Wildcats were on their way.

Milking the clock with crisp ball movement, Missouri was able to crack Kentucky's long and lean front line for easy baskets.

The Wildcats struggled some more early in the second half, throwing up a series of ugly jumpers and missing a couple shots at the rim.

Foul trouble began to set in, though, with Missouri's Namon Wright and Montaque Gill-Caesar each picking up their fourth with more than 15 minutes left in the game.

[90][91] On January 30 Kentucky faced off against Alabama for the second time this season at Rupp Arena, defeating the Crimson Tide 70 to 55.

Towns' short jumper with 1:33 left got the lead to seven, and Tyler Ulis and Harrison each added two free throws in the final minute for the Wildcats.

Aaron Harrison scored 23 points, Towns added 19 and the Wildcats remained unbeaten with a 68 to 61 victory over the Gators before a national television audience on ESPN's College GameDay.

They had a few more careless defensive moments early in the second half, which helped Mississippi State briefly make things interesting.

Aaron Harrison (nine points, seven rebounds) soon added a 3-pointer to get a sellout crowd into the game, and Kentucky had plenty more in an energetic if chippy first half by both teams.

Harrison chipped in with five, and Cauley-Stein came up with a huge dunk off a missed free throw to give the Wildcats a four-point play on one possession.

Rendering West Virginia's full-court pressure wholly ineffective, UK committed just 10 turnovers for the game and shot a scalding 60.9 percent from the field in building an insurmountable 44 to 18 lead.

Six players combined for UK's 13 assists on 24 made field goals, while more good passes helped lead to the Cats' 31 free-throw attempts, of which they hit 26.

The 6-foot-11 forward played through foul trouble to score nine of his career-best 25 points over that final stretch, including the game-tying basket in the post with 1:12 left.

[141] On December 29 Ulis became the fourth Wildcat to be named Freshman of the Week by the SEC after he scored a career-high 14 points against Louisville.

[142] A day later Ulis was honored on the national level by being named Wayman Tisdale Freshman of the Week by the USBWA following his performance against Louisville.

Towns became the sixth straight Wildcat to be named SEC Freshman of the Year (Cousins, Knight, Davis, Noel, Randle).

Seven players declared themselves eligible for the draft: Booker, Cauley-Stein, the Harrison twins (Aaron and Andrew), Johnson, Lyles, and Towns.