The 2000/2001 Lady Vols basketball season was a mixed one for the team, with notable achievements and disappointing losses. One of the most significant events of the season was the induction of Pat Summitt into the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts. Summitt gained entrance on her first ballot, a testament to her incredible career as a coach.

Another memorable moment from the season came from junior Michelle Snow, who executed the first dunk by a woman captured on live TV during the Women's Maui Invitational. She threw down a two-handed dunk and hung on the rim briefly, showcasing her athleticism and skill.

On the court, the Lady Vols had a successful regular season, claiming another SEC title and winning all 14 SEC games. They split the season series with UConn, which was the only team to beat them during the regular season. The team headed into the SEC tournament with a 28-1 record, but suffered an upset loss to Vanderbilt in the semifinals. They then lost in the Sweet Sixteen to Xavier, which was their worst finish since 1993-94.

Despite these disappointing losses, the Lady Vols finished the season with their fourth straight 30-win season. Pat Summitt also earned her 750th win in the second game against UConn, a 92-88 victory. Overall, the season had its ups and downs, but it was still a strong showing for the Lady Vols.