The Big Ten Conference Women's Basketball Player of the Year is a basketball award given to the Big Ten Conference's most outstanding player.

The league's head coaches have presented the award since 1983; media members who cover Big Ten women's basketball began presenting their own version of the award in 1996.

Michelle Edwards of Iowa won the Rawlings/Women Basketball Coaches Association national player of the year award in 1988; Carol Ann Shudlick of Minnesota won the Wade Trophy in 1994; Stephanie White of Purdue won the Wade Trophy and Honda Award in 1999; Megan Gustafson won the Naismith and Honda Awards in 2019, and was also named national player of the year by AP and the United States Basketball Writers Association; and Caitlin Clark won all significant national awards in both 2023 and 2024.

The coaches and media have split their honors six times in all, with the most recent being 2018, when Mitchell won the coaches' award and Gustafson won the media award.

Oregon, UCLA, USC, and Washington are playing their first Big Ten seasons in 2024–25.