The 2006 Buffalo Funds - NAIA Men's Division I Basketball Tournament was held from March 15 to 21 at Municipal Auditorium in Kansas City, Missouri.

This was the 69th annual NAIA Division I basketball tournament and featured 32 teams playing in a single-elimination format.

[2] 2006 marked the second year in a row an unranked team won the National Championship.

Undeterred by this loss, the Stars went on to win the next two National Championship titles.

The other teams that made it to the NAIA National Semifinals were Oklahoma Baptist University and Robert Morris (IL).