The 2013–14 team was ranked in the top 10 to start the season, but lost four non-conference games to fall out of the polls for the first time in over two seasons. Then, the team won three in a row against top-10 ranked conference opponents including a road victory over 3rd-ranked Wisconsin en route to a 10-game winning streak. Beilein led Michigan to a 15-3 conference record and won Michigan's first outright regular season Big Ten championship since 1986. The Wolverines earned a #2 seed in the NCAA Tournament, where they lost in the Elite Eight to eventual runner-up Kentucky. Beilein was one of ten finalists for the USBWA's Henry Iba Award for Coach of the Year. He clinched his fourth career conference championship and second at Michigan on March 1 against Minnesota, and won the title outright three days later at Illinois. Following the regular season, Beilein was named Big Ten Coach of the Year by the media. On March 11 Beilein was named District V (OH, IN, IL, MI, MN, WI) Coach of the Year by the United States Basketball Writers Association (USBWA). Beilein was named one of five finalists for the Naismith College Coach of the Year and one of fifteen finalists for the Jim Phelan Award. On March 22 in Michigan's second game of the 2014 NCAA Tournament, against Texas, Beilein earned his 700th career win to advance to the Sweet 16 of the NCAA tournament for the second consecutive season. Beilein led Michigan on to beat the #11 seed University of Tennessee before falling to #8 seed Kentucky 75-72 in the Elite Eight.