Their home games are played on the Abessinio Court in the Eleanor R. Baldwin Arena on the school's Boca Raton, Florida campus.

After not winning a single NCAA Tournament game coming into 2023, the Owls qualified for their first Final Four in program history by defeating the Kansas State Wildcats 79–76.

Even though the newly formed college squad hung 111 points in their first game, they would finish the inaugural season 9–19, which included a 12-game losing streak in the middle of the year.

Along with the winning seasons, Loomis was able to schedule games against neighbor and powerhouse, University of Miami Hurricanes.

The members of these teams were true pioneers and super fundraisers for the athletic department as they hit the road to play teams like Florida State, Georgetown, and Iowa State while taking large paydays and suffering losses to higher ranked (#10 Georgetown) opponents.

The team repeated that win total in 1995–96 under new coach Kevin Billerman but showed improvement by taking South Florida, Saint Louis, and Southern Illinois to close road losses determined by the last possession, while winning two conference games to end the season.

For the 1999–2000 season, FAU hired decorated UNLV All-American forward/center and NBA first-round draft pick Sidney Green.

In the first-round of the 2002 Atlantic Sun Conference Tournament, FAU would again win their opening game, this time defeating Jacksonville University.

Green was fired after the 2004–05 season and the Owls landed former NCAA Coach of the Year and Tar Heel Matt Doherty.

Doherty led the Owls to a 15–13 record and then left abruptly to become the head coach at Southern Methodist University.

It later emerged that school officials had fired Jarvis in part due to a series of embarrassing off-court incidents.

Among these, a junior college transfer had been charged with assaulting a female student, and a senior guard had been kicked off the team after being caught smoking marijuana near St. John's campus in Queens.

As a result, St. John's placed itself on two years' probation, withdrew from postseason consideration for the 2004–05 season, and forfeited 43 wins including the 2002 NCAA Tournament and the 2003 NIT.

On April 7, 2014, the school hired Michael Curry, a former NBA player and coach of the Detroit Pistons.

[7] The FAU Owls began to experience much improved results and consistent success under May, as they finished that first season in 2018-19 with an above .500 record at 17-15 and an invite to the 2019 CIT, where they lost to the Charleston Southern Buccaneers in the first round, 68-66.

During that season, FAU was ranked in the Associated Press Top 25 for the first time in school history, as they at one point won 20 consecutive games.

[8] However, FAU lost in the first round of the 2024 NCAA Tournament to the Northwestern Wildcats, 77-65, in overtime at the Barclays Center.

After making it to two straight NCAA Tournament appearances, head coach Dusty May left FAU to take a job with the Michigan Wolverines.

Official record (including any NCAA imposed vacates and forfeits) against all current AAC opponents as of the completion of the 2022–23 season: