The 2014–15 NCAA Division I men's basketball season began in November with the 2K Sports Classic and ended with the Final Four in Indianapolis April 4–6. Practices officially began on October 3.

The 2014–15 season saw the final wave of membership changes resulting from a major realignment of NCAA Division I conferences. The cycle began in 2010 with the Big Ten and the then-Pac-10 publicly announcing their intentions to expand. The fallout from these conferences' moves later affected a majority of D-I conferences.

This was also the final season for Texas–Pan American (UTPA) under that name. At the start of the 2015–16 school year, UTPA merged with the University of Texas at Brownsville to form the new University of Texas Rio Grande Valley (UTRGV). UTPA's athletic program and WAC membership were inherited by UTRGV.

It was also the final season for Northern Kentucky in the Atlantic Sun Conference (A-Sun) and the final season for NJIT as an independent. On May 11, 2015, it was announced that Northern Kentucky would join the Horizon League effective July 1. The A-Sun soon filled the place left by Northern Kentucky, announcing on June 12 that NJIT would become a member effective on July 1.

The top 25 from the AP and USA Today Coaches Polls.

Northeastern (Springfield)

*Although these tournaments include more teams, only the number listed play for the championship.

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