The 1940–41 Oshkosh All-Stars season was the All-Stars' fourth year in the United States' National Basketball League (NBL), which was also the fourth year the league existed.
[1] Seven teams competed in the NBL in 1940–41, and for the first time the league did not use divisions.
[2] The All-Stars played their home games at South Park School Gymnasium.
[2] They then went on to win their first league championship after having lost in the finals the previous three seasons.
[2] Players Leroy Edwards and Charley Shipp earned First Team All-NBL honors.