They were coached by Rick Pitino, in his first year at the school, and played their home games at Carnesecca Arena and Madison Square Garden as members of the Big East Conference.

They defeated Butler in the opening round of the Big East tournament before losing in the quarterfinals to Marquette.

On March 10, 2023, the school fired head coach Mike Anderson for cause.

[1] Anderson has disputed the assertion that his firing was for cause and filed a notice of intent to arbitrate seeking the guaranteed money that was owed to him on his contract as well as an additional $34.2 million in punitive damages.

[2][3] On March 20, the school named Hall of Famer Rick Pitino as the team's new head coach.