The 1987–88 NBA season was Indiana's 12th season in the NBA and 21st season as a franchise.
[1] This season saw the team draft Reggie Miller out of UCLA with the eleventh pick in the 1987 NBA draft.
The Pacers finished sixth in the Central Division, and ninth in the Eastern Conference with a 38–44 record, losing a tie-breaker for the final playoff spot to the New York Knicks, and the Washington Bullets.
Roster Last transaction: March 4, 1988