In 1947–48 Indiana State Sycamores men's basketball season, the Sycamores were led by coach John Wooden, NAIB All-American Duane Klueh and future NBA players, John Hazen and Bob Royer. The Sycamores finished as the national runner-up with a record of 27–7; they lost to Louisville by a score of 82-70 in the title game. This season represented Indiana State's second NAIA Final Four, its second national title game and its second national runner-up finish.