The Buckeyes play their home games at Value City Arena in the Jerome Schottenstein Center in Columbus, Ohio, which opened in 1998.

The first basketball team at Ohio State University was formed in 1898, playing its first game against East High.

But it continued to develop and led to the hiring of a man who would change basketball at Ohio State and bring it national fame.

However, in 1960, the second-year coach, Taylor, and future Naismith Memorial Basketball Hall of Fame players Jerry Lucas and John Havlicek led the Buckeyes to their first national championship, defeating California 75–55 in the final game.

Past the Taylor era, Ohio State saw Eldon Miller, Gary Williams, and Randy Ayers take the reins as head coach.

During his seven years as head coach, O'Brien drove the team to four 20+ win seasons, two Big Ten regular season co-championships, the 2002 Big Ten tournament championship, and a school record four-consecutive NCAA tournament appearances.

Controversy erupted when Ohio State athletic director Andy Geiger fired O'Brien over alleged NCAA rules violations.

A two-year NCAA investigation found that player Boban Savovic might have received improper benefits while he played for Ohio State.

On March 10, 2006, the NCAA gave Ohio State three years' probation and ordered it to pay back all tournament money earned from 1999–2002 when Boban Savovic was on the Buckeyes' roster.

In addition, Ohio State was forced to remove all references to team accomplishments by the NCAA directorate from those years including a 1999 visit to the Final Four.

Ohio State was defeated by Wisconsin in the Big Ten tournament quarterfinals, and the team was ineligible for further postseason due to self-imposed sanctions related to Jim O'Brien's time at the school.

Matta's 2006–07 Ohio State team entered the season with the second-rated recruiting class in the nation, headed by Greg Oden and Mike Conley Jr., and ranked No.

1 seed in the National Invitation Tournament, where Ohio State would defeat Massachusetts 92–85 in the championship to take the NIT title.

Matta's recruiting class heading into the 2010–11 season was highly regard and the Buckeyes returned some key seniors such as David Lighty and Jon Diebler.

Ohio State continued to dominate the opposition during the regular season, pushing its record to 24–0 and 11–0 in conference play before losing the first game at No.

The Buckeyes, led by returning starters Jared Sullinger, Deshaun Thomas and Aaron Craft, entered the 2011–12 season ranked No.

With the early departure of Thomas, the Buckeyes struggled in 2013–14, finishing the season 25–10, 10–8 in fifth place in Big Ten play.

The 2015 Buckeyes were led by freshman D'Angelo Russell, but still finished in sixth place in Big Ten play with an 11–7 record.

The Buckeyes were led by Big Ten Player of the Year, Keita Bates-Diop, and a four-year starter, Jae’Sean Tate; both of which are now in the NBA.

The Buckeyes posted an overall record of 21–10, which included four wins vs. Top 10 opponents (Villanova, at North Carolina, Kentucky and Maryland).

Despite no postseason tournament, the Buckeyes managed 20 wins, marking the seventh consecutive season Holtmann-coach teams reached that plateau.

The Buckeyes were led by 1st Team All-Big Ten forward EJ Liddell, and 3rd Team All-Big Ten guard Duane Washington Jr. Ohio State appeared in the AP Top 10 for the final seven weeks of the season and earned a #2 seed in the 2021 NCAA Tournament, only to lose to 15-seed Oral Roberts in the first round.

Holtmann is the second Ohio State coach to win 20 or more games in his first five seasons in Columbus, joining Thad Matta (12 from 2005 to 2016).

Conference tournament champion The Ohio State Buckeyes presently play their home games in the 19,200-seat Value City Arena.

This building is the only Buckeye arena to serve as home for an Ohio State men's basketball championship team in 1960.

A $34 million renovation completed in 2018 improved the concourse as well as added new space for the coaches, team shop, ticket office, and building administration.

During the team's formative years the Buckeyes played their home games at the Ohio State University Armory.

Built in 1897 at a cost of $115,000, the massive brick medieval style building was demolished in 1958 after damage caused by a fire.

[10] From 1897 to 1917 the Buckeyes used the building known as "Drill Hall" or "The Gymnasium" as their home court, only being asked to leave due to the outbreak of World War I.

Ohio State won their first title in 2002 under Jim O'Brien (later vacated), while winning 4 under head coach Thad Matta.