2023–24 Indiana Hoosiers men's basketball team

The 2023–24 Indiana Hoosiers men's basketball team represented Indiana University in the 2023–24 NCAA Division I men's basketball season. They were led by third-year head coach, and former Indiana standout, Mike Woodson. The team played its home games at Simon Skjodt Assembly Hall in Bloomington, Indiana, as a member of the Big Ten Conference. The season officially began with the annual event, Hoosier Hysteria (featuring Gucci Mane), on Friday, October 20, 2023.

On November 1, 2023, legendary Hall of Famer IU men's basketball coach Bob Knight died at the age of 83. During his 29 seasons at IU, from 1971 to 2000, Knight led his teams to three national championships and 11 Big Ten titles. In remembrance of his excellence and many contributions to the program, the sport, and the university, the men's team donned "RMK" patches with three stars arced above on their home and away jerseys for every game this season. They debuted during an exhibition game against Marian on November 3, 2023.

Following the conclusion of the season, the team was invited to compete in the 2024 National Invitation Tournament but declined the invitation.

Previous season
The Hoosiers finished the regular season ranked No. 19 in the Associated Press poll. The team spent 16 weeks among the top-25 teams in the nation. The Hoosiers also captured a share of 2nd place in the Big Ten Conference with a 21-10 overall regular season record, 12–8 in Big Ten play, and the No. 3 seed in the Big Ten Conference tournament. IU advanced to the semifinals before losing a close game to Penn State. For the second year in a row, the team found themselves in the NCAA Tournament this time as a No. 4 seed, where they improved upon their performance last year by making it to the Round of 32 but falling to the No. 5 seed Miami (FL), 69–85.

Coaching changes
On May 23, 2023, it was announced that Hoosier legend, Calbert Cheaney, would be returning to the men's basketball staff as the new Director of Player Development. Over the last three years, Cheaney filled the role as an assistant coach with the Indiana Pacers. This will be his second stint with IU. He was Director of Operations in 2011-12 and then also began overseeing the players internal and external player development for the 2012-13 season.

Incoming transfers
On March 29, 2023, Indiana landed its first transfer from the transfer portal when former Ball State center, Payton Sparks committed to the Hoosiers. He arrives at IU with two years of eligibility remaining. Sparks appeared in 62 games at Ball State and averaged 13.4 points, 8.6 rebounds, 1.7 assists and .7 blocks. The Hoosiers added 7'0 center Kel'el Ware from Oregon on April 10, 2023. As a freshman at Oregon, Ware averaged 6.6 points, 4.1 rebounds and 1.3 blocks in 15.8 minutes last season. Coming out of high school, he was a 5-star recruit, McDonald's All-American, and a Jordan Brand All-Star. A third addition from the transfer portal came on April 29, 2023 when Anthony Walker from the 2023 Final Four Miami (FL) Hurricanes committed to Indiana. Walker averaged 2.8 points and 1.2 rebounds last season.

Roster
Note: Players' year is based on remaining eligibility. The NCAA did not count the 2020–21 season towards eligibility.

Schedule and results
!colspan=12 style=| Exhibition

!colspan=12 style=| Regular Season

!colspan=12 style=| Big Ten Tournament