The 2020–21 Memphis Tigers men's basketball team represented the University of Memphis in the 2020–21 NCAA Division I men's basketball season. This is the 100th season of Tiger basketball, the third under head coach Penny Hardaway, and the eighth as members of the American Athletic Conference. They play their home games at the FedEx Forum. They finished the season 20-8, 11-4 to finish in 3rd place. They defeated UCF in the quarterfinals of the AAC Tournament before losing in the semifinals to Houston. They received an invitation to the NIT where they defeated Dayton, Boise State, Colorado State, and Mississippi State to become NIT Champions.