The 1938–39 Oklahoma Sooners men's basketball team represented the University of Oklahoma in the 1938–39 college basketball season as a member of the Big Six Conference. They finished the season 12–9 overall record, and tied for the Big Six Conference title with a 7–3 conference record. The Sooners made it to the Final Four of the 1939 NCAA basketball tournament. They were coached by Bruce Drake in his first season as head coach of the Sooners. They played their home games at McCasland Field House in Norman, Oklahoma.