Michigan played the 2014–15 Arizona Wildcats on the road at McKale Center as part of their home-and-away that had begun at home against the 2013–14 Wildcats.
 Michigan played a home-and-away with the 2014–15 and 2015–16 SMU Mustangs with the 2014 game being played on December 20, 2014, at Crisler Center, and trip in December 2015 to face the 2015–16 Mustangs in Dallas.
On July 15, the non-conference schedule was announced.
On August 21, the team announced the conference schedule, which included three ESPN Super Tuesday broadcasts.

November
On November 10, Michigan won an exhibition game against Wayne State.
The biggest storyline was that Austin Hatch scored for the team.
Hatch had survived two plane crashes at ages 8 and 16; the first killed his mother and both of his siblings, and the second killed his father and stepmother and left him in a coma for two months.
After raising its 2014 Big Ten Championship banner on November 15, Michigan opened its season with a 92–68 victory over Hillsdale College.
The game was the first time the team had had three 20-point scorers (Derrick Walton-22, Zak Irvin-21, and Caris LeVert-20) since the 2011–12 team defeated the Oakland Golden Grizzlies on December 10, 2011, behind Trey Burke, Tim Hardaway, Jr. and Evan Smotrycz.
On November 17, the team opened the Progressive Legends Classic at home against Bucknell.
The game was highlighted by Max Bielfeldt's career-high 18-point performance and Irvin's second consecutive 20 plus-point performance.
In the second home game of the Legends Classic on November 20, Michigan faced a Detroit Titans team that was led by Juwan Howard, Jr.—the son of former Michigan star Juwan Howard.
Detroit led at the half and tied the score with 5:39 remaining before Michigan went on to win 71–62 despite 24 points and 8 rebounds from Howard.
In the semifinals of the Legends Classic at the Barclays Center on November 24, Michigan defeated Oregon.
The next day, Michigan lost to (#12 AP Poll/#11 Coaches Poll) Villanova in the championship game.
This was the first meeting between the two teams since the quarterfinals of the 1985 NCAA Tournament, which Villanova also won.
Villanova went on a 9–0 run to end the first half, and led by as many as 13 points early in the second half.
Michigan cut the lead to 35–31 following an 11–2 run.
Michigan led by as many as eight points with just under six minutes left in the game, before Villanova came back to retake the lead for good with 13 seconds remaining.
Caris LeVert helped lead the second half comeback scoring eight of his 16 points in the second half, including Michigan's final six points of the game.
On November 29, the team defeated Nicholls State as five players scored in double figures.

December
On December 2, Michigan defeated Syracuse in an ACC-Big Ten Challenge game that went down to the wire.
After blowing a 10-point second half lead Michigan needed a three point shot from Albrecht with 31 seconds remaining for the victory.
On December 6, Michigan suffered its first home loss of the season to the New Jersey Institute of Technology by a 72–70 margin, despite a career-high 32 points by Levert.
With the loss, Michigan's 30-game home win streak versus unranked opponents was snapped.
NJIT shot 11-for-17 on its three-point shots in the game.
The team lost its three subsequent games to Eastern Michigan, (#3) Arizona, and SMU.
The loss to Eastern Michigan, which is separated from the University of Michigan by a 6-mile stretch of Washtenaw Avenue, ended a Big Ten-high 59-game streak without consecutive losses.
Eastern Michigan was led in assists (6) by Michael Talley, son of Michigan Basketball point guard and alum Michael Talley, Jr. The December 9 80–53 loss to #3 ranked Arizona was one point shy of being the largest defeat of the Beilein era.
The December 20 SMU game marked the first career start by Ricky Doyle.
On December 22, the team snapped its 4-game losing streak with a victory over Coppin State who was coached by Michael Grant, the brother of former Wolverine and Big Ten Conference Men's Basketball Player of the Year
Michigan played the 2014–15 Arizona Wildcats on the road at McKale Center as part of their home-and-away that had begun at home against the 2013–14 Wildcats.  Michigan played a home-and-away with the 2014–15 and 2015–16 SMU Mustangs with the 2014 game being played on December 20, 2014, at Crisler Center, and trip in December 2015 to face the 2015–16 Mustangs in Dallas. On July 15, the non-conference schedule was announced. On August 21, the team announced the conference schedule, which included three ESPN Super Tuesday broadcasts.
November
On November 10, Michigan won an exhibition game against Wayne State. The biggest storyline was that Austin Hatch scored for the team. Hatch had survived two plane crashes at ages 8 and 16; the first killed his mother and both of his siblings, and the second killed his father and stepmother and left him in a coma for two months. After raising its 2014 Big Ten Championship banner on November 15, Michigan opened its season with a 92–68 victory over Hillsdale College. The game was the first time the team had had three 20-point scorers (Derrick Walton-22, Zak Irvin-21, and Caris LeVert-20) since the 2011–12 team defeated the Oakland Golden Grizzlies on December 10, 2011, behind Trey Burke, Tim Hardaway, Jr. and Evan Smotrycz. On November 17, the team opened the Progressive Legends Classic at home against Bucknell. The game was highlighted by Max Bielfeldt's career-high 18-point performance and Irvin's second consecutive 20 plus-point performance. In the second home game of the Legends Classic on November 20, Michigan faced a Detroit Titans team that was led by Juwan Howard, Jr.—the son of former Michigan star Juwan Howard. Detroit led at the half and tied the score with 5:39 remaining before Michigan went on to win 71–62 despite 24 points and 8 rebounds from Howard. In the semifinals of the Legends Classic at the Barclays Center on November 24, Michigan defeated Oregon. The next day, Michigan lost to (#12 AP Poll/#11 Coaches Poll) Villanova in the championship game. This was the first meeting between the two teams since the quarterfinals of the 1985 NCAA Tournament, which Villanova also won. Villanova went on a 9–0 run to end the first half, and led by as many as 13 points early in the second half. Michigan cut the lead to 35–31 following an 11–2 run. Michigan led by as many as eight points with just under six minutes left in the game, before Villanova came back to retake the lead for good with 13 seconds remaining. Caris LeVert helped lead the second half comeback scoring eight of his 16 points in the second half, including Michigan's final six points of the game. On November 29, the team defeated Nicholls State as five players scored in double figures.
December
On December 2, Michigan defeated Syracuse in an ACC-Big Ten Challenge game that went down to the wire. After blowing a 10-point second half lead Michigan needed a three point shot from Albrecht with 31 seconds remaining for the victory. On December 6, Michigan suffered its first home loss of the season to the New Jersey Institute of Technology by a 72–70 margin, despite a career-high 32 points by Levert. With the loss, Michigan's 30-game home win streak versus unranked opponents was snapped. NJIT shot 11-for-17 on its three-point shots in the game. The team lost its three subsequent games to Eastern Michigan, (#3) Arizona, and SMU. The loss to Eastern Michigan, which is separated from the University of Michigan by a 6-mile stretch of Washtenaw Avenue, ended a Big Ten-high 59-game streak without consecutive losses. Eastern Michigan was led in assists (6) by Michael Talley, son of Michigan Basketball point guard and alum Michael Talley, Jr. The December 9 80–53 loss to #3 ranked Arizona was one point shy of being the largest defeat of the Beilein era. The December 20 SMU game marked the first career start by Ricky Doyle. On December 22, the team snapped its 4-game losing streak with a victory over Coppin State who was coached by Michael Grant, the brother of former Wolverine and Big Ten Conference Men's Basketball Player of the Year 
2014–15 Michigan Wolverines men's basketball team