2022–23 Arkansas State Red Wolves men's basketball team

The 2022–23 Arkansas State Red Wolves men's basketball team represented Arkansas State University in the 2022–23 NCAA Division I men's basketball season. The Red Wolves, led by sixth-year head coach Mike Balado, played their home games at the First National Bank Arena in Jonesboro, Arkansas as members of the Sun Belt Conference. They finished the season 13–20, 4–14 in Sun Belt play to finish in 13th place. They defeated Coastal Carolina in the first round of the Sun Belt tournament before losing to Troy in the second round.

On March 16, 2023, the school fired head coach Mike Balado. On March 22, the school named Alabama assistant coach Bryan Hodgson the team's new head coach.

Previous season
The Red Wolves finished the 2021–21 season 18–11, 8–7 in Sun Belt play to finish in sixth place. They defeated Louisiana–Monroe in the first round of the Sun Belt tournament before losing to Georgia State in the quarterfinals.

Preseason Sun Belt Conference poll
The Red Wolves were picked to finish in 12th place in the conference's preseason poll. Junior guard Caleb Fields was named preseason All-SBC Third Team.

Schedule and results
!colspan=12 style=""| Exhibition

!colspan=12 style=""| Non-conference regular season

!colspan=12 style=""| Sun Belt Conference regular season

!colspan=12 style=""| Sun Belt tournament

Source