The Gaels, led by first-year head coach Rick Pitino, played their home games at the Hynes Athletic Center in New Rochelle, New York as members of the Metro Atlantic Athletic Conference.

[3] The Gaels marked the fifth team Pitino had taken to the NCAA Tournament, tying him with Lon Kruger and Tubby Smith, for the record for most teams taken to the tournament.

7 seed in the MAAC tournament, they defeated Canisius,[5] before losing to Saint Peter's in the quarterfinals.

[8] Roster Last update: January 30, 2021 On February 22, 2021, the Iona men's basketball team was placed on another COVID-19 pause due to a player testing positive for the virus the previous day.

The school effectively canceled their remaining five conference games, but participated in the MAAC Tournament.