1940 Southwestern Lynx football team

The 1940 Southwestern Lynx football team was an American football team that represented Southwestern, The College of the Mississippi Valley (now known as Rhodes College) as a member of the Dixie Conference in the 1940 college football season. Led by Ed Kubale in his third season as head coach, the team compiled an overall record of 3–5–1, with a mark of 0–1–0 in conference play, and finished fifth in the Dixie.

Southwestern was ranked at No. 132 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.