The men's national basketball team of Slovenia competed at the 2020 Summer Olympics in Tokyo.

In the quarter-finals, they eliminated Germany, before being stopped by France in the semi-finals in a close match, decided in the last seconds.

In the bronze medal match, Slovenia lost to Australia, finishing the tournament in fourth place.

Klemen Prepelič and Luka Dončić led Slovenia to a 112–77 victory over Poland, scoring 18 and 17 points, respectively.

"[8] After winning their first two games in the competition, Slovenia faced Spain, the reigning world champions, and defeated them 95–87.

[14] Tobey, who was Slovenia's top performer of the game and was named player of the day by FIBA,[15] recorded a double-double with 16 points and 14 rebounds, while Prepelič (15 points) was the hero of the game, scoring the crucial three-pointer that put Slovenia ahead 86–85 two and a half minutes before the end.

A minute and a half before the end he intercepted a ball and sent Tobey an alley-hoop which he dunked to close the game.

They won the first quarter but lost the second, and Germany even surpassed them 32–31, with both Dončić and Prepelič erring.

[20][21] Prepelič and Dončić gave the final blow to Germany, putting an advantage of 19 points in the middle of the fourth quarter.

[24] He closed the first half with a three-pointer and opened the second with another one, while Tobey recorded another double-double with 13 points and 11 rebounds.

The match seemed over for Slovenia when Jaka Blažič missed a three point jumper and Timothe Luwawu-Cabarrot made it 90–85 for the French, with less than a minute left to play.

[33] In the third quarter, Prepelič brought Slovenia within 60–66 with less than four minutes left in the period, converting a four-point play.

Dončić, who finished with 22 points, 8 rebounds, and 7 assists, endeavored to bring Slovenia back into the game.

Subsequently, Čančar made an offensive foul on Dante Exum, who then scored a three point jumper.