McCaffery replaces Delaware County native Steve Donahue, who was fired March 10 after nine seasons in charge of the Quakers. McCaffery returns to his alma mater from Iowa, where he was let go on March 14 after 15 years as the head coach of the Hawkeyes.

McCaffery’s head coaching record is 548-384 overall. During McCaffery’s 15 seasons in charge, he led Iowa to seven NCAA tournament appearances but never reached the Sweet 16. Offensive was never an issue, nor was star power.

Former Iowa basketball coach Fran McCaffery has his landing spot. Penn announced the hiring of McCaffery as its next head men's basketball coach, bringing McCaffery back to his alma mater. It confirms the Wednesday report from The Field of 68's Jeff Goodman.