Penn was selected fourth in the preseason Ivy League poll in a vote of 17 selected Ivy League representatives.
Princeton was chosen to win the league for the first time since 2004-05. The Tigers received 12 first-place votes.
They were followed by Harvard (120 points, 4 first place) and Cornell (96, 1 first place).
Penn (6-22, 5-90 Ivy last season) received 89 votes. The Quakers have only returning first-team All-Ivy player in junior guard Zack Rosen, who is the league's leading returning scorer at 17.7 points per game,