They were led by 16th-year head coach Chris Mooney and played their home games at the Robins Center as members of the Atlantic 10 Conference.

They received an invitation to the NIT where they defeated Toledo in the first round before losing in the quarterfinals to Mississippi State.

In addition, guard Nick Sherod suffered a season-ending knee injury during preseason practice in October 2020.

[3] In a preseason poll of league head coaches and select media members, Richmond was chosen as the favorite to win the Atlantic 10 Conference in 2020–21, taking 19 out of 28 first-place votes.

[5] Two other non-conference games against Charleston and Furman were canceled due to a COVID-related pause by Richmond.