The Terps are the highest-ranked Big Ten team.
The Terps are one of five Big Ten teams that made the preseason rankings.
The Terps bring back 93 percent of their offense from last season.
The Terps added nine new players to their squad, but the team said they are close on and off the court already.
Frese is set to coach her 20th season at Maryland in 2021-22.
The Terps face conference challengers Indiana, Michigan and Ohio State twice.
The Terps' 20-game conference schedule was released Wednesday, highlighted by a Jan. 18 road game against Michigan.
Wiggins' selection marks the fourth straight year the Terps have had a player chosen in the NBA Draft.
Wiggins averaged 14.5 points, 5.8 rebounds and 2.5 assists per game last season and saw his NBA stock rise.
Ayala led all Terps in scoring with 15.1 points last season.