Anfernee Deon "Penny" Hardaway is an American college basketball coach and former professional player who is the head coach of the Memphis Tigers men's team in the American Athletic Conference (AAC). Hardaway played college basketball at Memphis and 14 seasons in the National Basketball Association (NBA), where he was a four-time NBA All-Star and a two-time All-NBA First Team member.

The Memphis Tigers men's basketball team represents the University of Memphis in NCAA Division I men's college basketball. The Tigers have competed in the American Athletic Conference since 2013. As of 2020, the Tigers had the 26th highest winning percentage in NCAA history. While the Tigers have an on-campus arena, Elma Roane Fieldhouse, the team has played home games off campus since the mid-1960s. The Tigers moved to the Mid-South Coliseum at the Memphis Fairgrounds in 1966, and then to downtown Memphis at The Pyramid, initially built for the team in 1991 and later home to the NBA's Memphis Grizzlies. In 2004, both teams moved to a new downtown venue, FedExForum. ESPN Stats and Information Department ranked Memphis as the 19th most successful basketball program from 1962 to 2012 in their annual 50 in 50 list.