The 2016–17 Northern Iowa Panthers men's basketball team represented the University of Northern Iowa during the 2016–17 NCAA Division I men's basketball season. The Panthers, led by eleventh year head coach Ben Jacobson, played their home games at the McLeod Center in Cedar Falls, IA as members of the Missouri Valley Conference. They finished the regular season 14–16, 9–9 in MVC play to finish in a tie for third place. As the No. 3 seed in the MVC tournament, they lost to Missouri State in the quarterfinals.