The season ended with the 2023 CAA men's basketball tournament.

This was the first CAA season after James Madison left to join the Sun Belt Conference,[1] and also the first season for four new CAA members—Hampton, Monmouth, North Carolina A&T, and Stony Brook.

On July 20, 2023, the CAA announced it had changed its name to Coastal Athletic Association.

[4] Notes: Source[6] () first place votes Source Colonial Athletic Association Preseason Player of the Year: Aaron Estrada (Hofstra) This table summarizes the head-to-head results between teams in conference play.

Hofstra received an automatic bid to the 2023 National Invitation Tournament as regular-season conference champions.