They were led by 19th-year head coach Chris Mooney and played their home games at the Robins Center in Richmond, Virginia as members of the Atlantic 10 Conference.

Richmond secured the Atlantic 10 Conference regular-season championship with a 73–66 win over Saint Joseph's on March 6, 2024.

[1] Mooney returned to the team as head coach[2] after missing the final six games of the 2022–23 season due to heart surgery to address an aneurysm in his ascending aorta.

[6] Sources: In addition to the four scholarship freshmen and walk-on freshman Jack Graham, Richmond also brought in three new players via transfer: DeLonnie Hunt from Wagner,[7] Jordan King from East Tennessee State,[8] and Tyler Harris from Western Carolina.

[11] In a preseason poll of league head coaches and select media members, Richmond was chosen to finish 11th out of 15 teams in the Atlantic 10 Conference in 2023–24.