Timo Saarelainen (born August 23, 1960) is a retired Finnish basketball player. He was a member of the Finnish national basketball team for seven years and was a star college player at Brigham Young University (BYU) in the United States. Following his BYU career, Saarelainen was selected in the fifth round of the 1985 NBA Draft by the Los Angeles Lakers, but did not play in the league. Saarelainen played six seasons for Helsingin NMKY of Korisliiga, Finland's top professional league.