It plays its home games in the Charles E. Smith Center, an indoor arena that is also shared with other George Washington Revolutionaries athletic programs.

GW advanced to the Sweet Sixteen before losing to the Fab Five Michigan team (which later vacated its wins due to NCAA rule violations).

Penders would spend three years at GW, before resigning amidst accusations of NCAA rules violations.

In 2004, Hobbs led GW to back to the national stage, defeating ninth-ranked Michigan State and No.

The 2006–07 basketball season was considered by many[5][6] to be a rebuilding year for the Colonials after graduating their entire starting front court and losing Pinnock to the NBA.

[7] The Colonials would struggle the next three years and after finishing the 2010–11 season with a record of 17–14, capped by a disappointing 71–59 overtime loss to Saint Joseph's in the conference tournament,[8] Karl Hobbs was dismissed as head coach.

This time the Colonials would defeat Hofstra, Momouth, and Florida to reach the NIT final four at Madison Square Garden.

However, the Colonials could not build on their NIT success as the school fired head coach Mike Lonergan on September 16, 2016, after an investigation found him guilty of verbally and emotionally abusing his players.

The Colonials finished the 2017 season 20–15, 10–8 in A-10 play and received a bid to the College Basketball Invitational where they defeated Toledo in the first round before losing to UIC.On March 27, 2017, the school removed the interim tag and named Maurice Joseph full-time head coach.

On April 1, 2022, longtime George Mason and Miami (FL) assistant Chris Caputo was hired as the new coach.

After falling to the Mountaineers earlier in the season, an announced crowd of 6,400 watched the Colonials host Jerry West and the nation's fifth-ranked basketball team.

The Colonials were invited to participate in the pre-season NIT at Manley Field House at Syracuse, and though they gave up a last-second three-pointer to allow the Orangemen to send the game to overtime, the Colonials controlled the extra period to secure the win on national television.

President Bill Clinton joined the Colonials at Charles E. Smith Center when John Calipari and the top-ranked Massachusetts Minutemen came to Washington.

18 Xavier 73 – OT, January 14, 1998 The Colonials hosted James Posey and the 18th ranked Musketeers at the Charles E. Smith Center.

GW forward Yegor Mescheriakov sprained his right ankle jumping for a rebound and limped off the court with 16:32 remaining.

The clock then showed all zeros and the GW men's basketball team trailed 18th-ranked Xavier 68–66.

In the overtime, King continued his heroics scoring 8 of GW's 10 points in OT to a 78–73 win over Xavier.

With the Atlantic 10 West Division Title on the line in the final game of the regular season, the Colonials hosted the Xavier Musketeers.

Despite missing a game-winning three with five seconds left Rogers received a pass following a Mike King rebound and broke the 74–74 tie as time expired to win the game and the division.

The Colonials would later receive an at-large bid to the NCAA Tournament under first-year coach Tom Penders.

In the 2004 BB&T Championship, the Colonials upset ranked teams on two consecutive days, winning each by at least 9 points.

Karl Hobbs guided his team to wins over the Michigan State Spartans and Maryland Terrapins.

The Colonials trailed Memphis for the bulk of the game but had two shots to tie in the final minute that didn't connect leaving them with a loss in their first NCAA Tournament Appearance since 2007.

Patricio Garino led GW with 18 points and had many key buckets to spur momentum the Colonial's way.