The 2020–21 Wake Forest Demon Deacons men's basketball team represented Wake Forest University during the 2020–21 NCAA Division I men's basketball season.

The Demon Deacons were led by first-year head coach Steve Forbes and played their home games at the Lawrence Joel Veterans Memorial Coliseum in Winston-Salem, North Carolina as members of the Atlantic Coast Conference.

They lost to Notre Dame in the first round of the ACC tournament.

[1] The NCAA tournament and NIT were also cancelled due to the pandemic.

[3][4] On April 30, 2020, the Demon Deacons hired Steve Forbes as his replacement.