 Maloney began his basketball career at Vanderbilt University, transferring after his freshman year to the University of Pennsylvania, and played three seasons as a Penn Quaker.During Maloney's three seasons as a Penn Quaker, the team went 42-0 in the Ivy League with him as a starting guard, including three Ivy League championships and subsequently three bids to the NCAA tournament.The Penn Quakers went 69-14 during Maloney's career.