Prior to the formation of the Ivy League in 1956 Penn was a member of the Eastern Intercollegiate Basketball League (EIBL) from 1903 through 1955. Penn won 13 EIBL regular season championships (1906, 1908, 1916, 1918, 1920, 1921, 1928, 1929, 1934, 1935, 1937, 1945, 1953). Penn was retroactively recognized as the pre-NCAA tournament national champion for the 1919–20 and 1920–21 seasons by the Helms Athletic Foundation and for the 1919–20 season by the Premo-Porretta Power Poll.[2]
Penn has appeared in one Final Four, in 1979. Penn and Princeton are tied for the most Ivy League regular season championships with 26 each.[3]Their main Ivy League rivalry is with Princeton, whom they used to always play as the last regular season game. Combining the EIL and Ivy Championships Penn leads with 39 championships; Princeton 32; Columbia 14; Yale 13; Dartmouth 12; Cornell 8; Harvard 6; and Brown 1.
One of Penn's most memorable seasons came in 1978–79 when the Quakers advanced to the NCAA tournament Final Four. Player Tony Price led the Quakers, who stunned the nation with victories over Iona, North Carolina, Syracuse, and St. John's to advance to the Final Four. The Quakers faced Earvin "Magic" Johnson and Michigan State in the national semifinals in Salt Lake City, Utah, but were met with defeat, 101–67. They are the last Ivy League team to advance to the Final Four and Elite Eight of the NCAA tournament as of 2023.
Others
Other notable Penn teams include the team led by guards Matt Maloney and Jerome Allen during the mid-1990s and the nationally ranked teams of the early 1970s led by Dave Wohl, Steve Bilsky, Corky Calhoun and Bob Morse. Penn's 1970–71 team completed an undefeated regular season (26–0) and advanced to the Eastern Regional Final in the NCAA tournament, losing there to a Villanova team it had defeated during the regular season. Villanova lost to UCLA in the national championship game, but was later found to be using an ineligible player, Howard Porter.
^ESPN, ed. (2009). ESPN College Basketball Encyclopedia: The Complete History of the Men's Game. New York, NY: ESPN Books. p. 535. ISBN978-0-345-51392-2.