The 2017–18 Penn State Nittany Lions basketball team represented Pennsylvania State University in the 2017–18 NCAA Division I men's basketball season.

They are led by head coach Pat Chambers, in his seventh season with the team, and played their home games at the Bryce Jordan Center in University Park, Pennsylvania as members of the Big Ten Conference.

In the Big Ten tournament, they defeated Northwestern and Ohio State before losing to Purdue in the semifinals.

They received a bid to the National Invitation Tournament where they defeated Temple, Notre Dame, Marquette, and Mississippi State to advance to the NIT championship where they defeated Utah to become NIT champions.

[4] Due to the Big East's use of that venue for their conference tournament, the Big Ten tournament took place one week earlier than usual, ending the week before Selection Sunday.