Helgi Már Magnússon (born August 27, 1982) is an Icelandic basketball coach and former player.

[7] A month later, Helgi won his sixth Icelandic championship after KR defeated Tindastóll in the Úrvalsdeild finals.

[10] Helgi played 95 games for the Icelandic national basketball team and participated at the EuroBasket 2015.

In August 2021, he was hired as the head coach of KR, replacing Darri Freyr Atlason who resigned following the 2020–21 season.

[15] Helgi's brother, Finnur Atli Magnússon, is a former member of the Icelandic national basketball team.