The team played its home games at Simon Skjodt Assembly Hall in Bloomington, Indiana, as a member of the Big Ten Conference.

However, on the morning of March 12, 2020, the Big Ten Conference announced that it would be cancelling the remaining tournament games due to the COVID-19 pandemic.

[2] This announcement officially, and abruptly, ended the Hoosiers' season, where they were expected to make the NCAA tournament for the first time in 4 years.

Riddled with injuries and the inability to shoot, the Hoosiers lost 12 of 13 games before turning things around and finishing the regular season with a four-game winning streak.

IU was deemed one of the Last Four Out in the NCAA tournament, so they earned 1 seed in the NIT, where they advanced to the quarterfinals before losing to Wichita State, 63–73.