Opened 74 years ago in 1951, it is the home court of the ISU Bengals men's[4] and women's basketball and volleyball teams of the Big Sky Conference.

[5] Prior to the opening of the ASISU Minidome (Holt Arena) in 1970,[6][7][8] the men's basketball team played at Reed Gym and enjoyed considerable success in the 1950s under head coaches Steve Belko and John Grayson.

[9] In 1957, the gym was the site of the play-in game for the West Regionals of the NCAA tournament; the Bengals defeated Hardin-Simmons of Texas by nine points and improved their record to 25–2.

[10][11][12] When Gus Johnson and the Idaho Vandals visited in 1963, a capacity crowd of 4,900 saw the battle for the King Spud Trophy and unofficial state title.

[13][14] Men's basketball returned to Reed full-time for the 2019–20 season, citing the "positive difference" created by the intimate environment.