The 2023 Big Ten women's basketball tournament was held from March 1–5, 2023 at Target Center in Minneapolis.

This was the last year of the tournament in which the preliminary rounds were broadcast on Big Ten Network and the final was broadcast on ESPN, as in 2024 these would move to Peacock and CBS, respectively.

All 14 Big Ten schools participated in the tournament.

Teams were seeded by 2022–23 Big Ten Conference season record.

# – Received a first-round bye in the conference tournament.