The Big Red, led by seventh-year head coach Brian Earl, played their home games at Newman Arena in Ithaca, New York, as members of the Ivy League.

It was the best finish for Cornell since winning the Ivy League and reaching the NCAA Tournament in 2010, and their first ever NIT appearance.

Due to the four-year athletic eligibility limit of the Ivy League,[5] seniors are not allowed to play another year.

This led to the departure of Isaiah Gray to Akron,[6] Chris Manon to Vanderbilt,[7] Sean Hansen to George Washington,[8] and Keller Bootby following head coach Brian Earl to William & Mary.

[9] All of these players averaged at least 15 minutes a game for the Big Red in the 2023-24 college basketball season.