Front Row (l-r):Trainer Marc Davis, Asst. Coach Roy Williams, Head Coach Dean Smith, Jimmy Braddock, Jeb Barlow, Jimmy Black, Chris Burst, Lynwood Robinson, Mgr. Chuck Duckett, Asst. Coach Eddie Fogler, Asst. Coach Bill Guthridge Back Row (l-r): Mgr. David Hart, Mgr. Ralph Meekins, Dean Shaffer, Michael Jordan, James Worthy, John Brownlee, Timo Makkonen, Warren Martin, Sam Perkins, Matt Doherty, Cecil Exum, Buzz Peterson, Mgr. David Daly
| WINNING COACH | MOST OUTSTANDING PLAYER |
 |
 |
| DEAN SMITH | JAMES WORTHY | NORTH CAROLINA |
| Location: Louisiana Superdome | New Orleans, Louisiana | |
| March 29, 1982 | |
FINAL FOUR
| Player | FG-FGA | FT-FTA | REB | PF | PTS |
| Georgetown | |||||
| E. Smith | 6-6 | 2-2 | 3 | 5 | 14 |
| Hancock | 0-2 | 0-0 | 0 | 1 | 0 |
| Ewing | 10-15 | 3-3 | 11 | 4 | 23 |
| Brown | 1-2 | 2-2 | 2 | 4 | 4 |
| Floyd | 9-17 | 0-0 | 3 | 2 | 18 |
| Spriggs | 0-2 | 1-2 | 1 | 2 | 1 |
| Jones | 1-3 | 0-0 | 0 | 0 | 2 |
| Martin | 0-2 | 0-0 | 0 | 1 | 0 |
| G.Smith | 0-0 | 0-0 | 0 | 1 | 0 |
| Team | 2 | ||||
| Totals | 27-51 | 8-9 | 22 | 20 | 62 |
| North Carolina | |||||
| Doherty | 1-3 | 2-3 | 3 | 0 | 4 |
| Worthy | 13-17 | 2-7 | 4 | 3 | 28 |
| Perkins | 3-7 | 4-6 | 7 | 2 | 10 |
| Black | 1-4 | 2-2 | 3 | 2 | 4 |
| Jordan | 7-13 | 2-2 | 9 | 2 | 16 |
| Peterson | 0-3 | 0-0 | 1 | 0 | 0 |
| Braddock | 0-0 | 0-0 | 0 | 1 | 0 |
| Brust | 0-0 | 1-2 | 1 | 1 | 1 |
| Team | 3 | ||||
| Totals | 25-47 | 13-22 | 30 | 11 | 63 |