2017 On January 9, 2017, the North Carolina Courage announced their formation as the relocated Western New York Flash, with a new home of Cary, North Carolina. The Courage officially hired
Paul Riley, the Flash's coach prior to relocation, on January 30, 2017. The team played their first match, on April 15, 2017, against the
Washington Spirit, and won 1–0 with a goal by
McCall Zerboni. The Courage went on to win the 2017 NWSL Shield and advanced to the 2017 NWSL Championship after defeating the
Chicago Red Stars 1–0 in the semifinals, but fell 1–0 to the
Portland Thorns in the finals.
2018 In 2018, the Courage had the best season in NWSL history, losing just one of 26 games played during the season. The Courage also participated in and won the inaugural
Women's International Champions Cup.
Heather O'Reilly scored the only goal in the victory over
Olympique Lyon. After clinching the NWSL Shield, the team defeated the Portland Thorns in the 2018 NWSL Championship 3–0.
Jessica McDonald was named the NWSL Championship MVP after scoring two goals in the match.
2019 The Courage returned to the
Women's International Champions Cup finals, but were defeated by returning finalists Olympique Lyon. The Courage were crowned NWSL Champions for the second consecutive season after defeating the Chicago Red Stars, 4–0 in the 2019 NWSL Championship held in Cary, North Carolina.
Debinha was named the NWSL Championship MVP after scoring the fastest goal in NWSL Championship history. The team clinched the NWSL Shield for the third time in as many years on September 21 after defeating Utah Royals FC. The team had an overall record of .
2020 With the NWSL season cancelled due to the
COVID-19 pandemic, the Courage participated in the inaugural
2020 NWSL Challenge Cup. They were defeated in the semifinals by Portland Thorns. The Courage also participated in the
2020 NWSL Fall Series, finishing in fifth place.
2021 On January 28, 2021, the club announced that professional tennis player
Naomi Osaka had made an investment in the team. Osaka stated that she was inspired to take part ownership by those who had invested in her during her career, and that she wishes to "continue the legacy of women empowerment." The Courage failed to qualify for the
2021 NWSL Challenge Cup championship, falling one point short in the East Division to
NJ/NY Gotham FC.
NWSL abuse scandal On September 30, 2021, the club fired head coach
Paul Riley after news of prior sexual abuse allegations emerged against him. The Courage replaced Riley with assistant
Sean Nahas in the interim.
2022 On December 1, 2021, the Courage named former interim head coach
Sean Nahas as head coach for the 2022 season. The Courage won the East Division of the
2022 NWSL Challenge Cup group stage, then defeated
Kansas City Current in the knockout stage and
Washington Spirit in the championship to win the tournament for the first time. The Courage spent the first half of the
2022 season in last place, winning only two of its first 12 matches, losing six, and drawing four. Despite rallying to seven wins, two losses, and one draw in its final 10 matches of the season, the Courage finished the season in 7th place, behind
Chicago Red Stars by one point, and missed the playoffs for the first time in its history.
2023 In 2023, the Courage were on top of the league standings in July but finished the season in 3rd place, falling in the first round of the playoffs to eventual champions Gotham. The Courage won the
NWSL Challenge Cup for the second year in a row.
2024 The Courage finished fifth in the standings, losing in the first round of the playoffs to the
Kansas City Current. They finished atop their group in the
NWSL x Liga MX Feminil Summer Cup, falling to Kansas City in the semifinals.
Ashley Sanchez, who was acquired via trade during the
2024 NWSL Draft, led the team with 5 goals and 4 assists, while
Kaleigh Kurtz was named to the NWSL Best XI.
2025 The Courage had a tumultuous season. They both acquired, and then sold, USWNT midfielder
Jaedyn Shaw. On August 6th, with the team in ninth place in the table, the Courage fired head coach
Sean Nahas for a "multitude of factors" and named
Nathan Thackeray acting head coach. The Courage finished the season in ninth place, one point outside of the playoffs.
Manaka Matsukubo led the team with 11 goals and 4 assists, and was named NWSL Midfielder of the Year and to the NWSL Best XI. ==Team name, crest, and colors ==