The 2014–15 New Mexico Lobos men's basketball team represented the University of New Mexico during the 2014–15 NCAA Division I men's basketball season as a member of the Mountain West Conference. They played their home games at The Pit in Albuquerque, New Mexico. The Lobos were led by second year head coach Craig Neal. They finished the season 15–16, 7–11 in Mountain West play to finish in eighth place. They lost in the first round of the Mountain West tournament to Fresno State.