They play their home games at UW–Milwaukee Panther Arena in Milwaukee, Wisconsin, and are currently coached by Bart Lundy.

Three years later, the Cardinals made their first post-season appearance in the 1960 NCAA Men's Division II Basketball Tournament.

Seeking to establish their own identity, Milwaukee adopted the colors of black and gold on September 1, 1965 and became known as the Panthers.

Pearl left to become the head coach at Tennessee after 2005 and the school hired Rob Jeter, a former assistant under Bo Ryan.

Just a few weeks later, UWM was handed a one-year postseason ban due to a low Academic Progress Rate.

[4] Under Jeter, while the Panthers were mostly competitive, they were unable to stay consistently on top in the Horizon League standings.

They went on to place second overall in the tournament, losing to Northern Kentucky in the championship game on March 7.

On March 2, 2022, Pat Baldwin was fired as head coach after five straight losing seasons.

The Panthers defeated Stetson in overtime in the first round, marking their first postseason tournament victory since 2006, before losing to eventual champions Charlotte in the quarterfinals.

In 2023-24, despite high hopes, the Panthers struggled through much of the season, mainly due to injuries to key players.

The team still rallied to advance to the Horizon League Championship game before losing to Oakland, finishing with a record of 20-15, which was also the first time since 2006 that the Panthers had consecutive 20-win seasons.