The 1981–82 Arkansas Razorbacks men's basketball team represented the University of Arkansas during the 1981–82 NCAA Division I men's basketball season. The head coach was Eddie Sutton, serving for his eighth year. The team played its home games in Barnhill Arena in Fayetteville, Arkansas. This team finished second in the SWC regular season standings, and lost in the semifinals of the conference tournament. In the 1982 NCAA Tournament, the Hogs were defeated by Kansas State in the round of 32.