The 1992 Big Sky Conference men's basketball tournament was the seventeenth edition, held March 12–14 at Dahlberg Arena at the University of Montana in Missoula, Montana. Top-seeded Montana repeated as conference champions by defeating Nevada in the championship game, 73–68, to win their second Big Sky tournament title. Both of Montana's opponents in the tournament had defeated them earlier in the season. It was Nevada's thirteenth and final year in the Big Sky; they departed for the Big West in the summer.