1986–87 Austin Peay Governors basketball team

1986–87 Austin Peay Governors men's basketball
NCAA tournament, Second round
ConferenceOhio Valley
Record20–12 (8–6 OVC)
Head coach
Assistant coachRick Stansbury (3rd season)
Home arenaWinfield Dunn Center
1986–87 Ohio Valley Conference men's basketball standings
Conf. Overall
Team W   L   PCT W   L   PCT
Middle Tennessee 11 3   .786 22 7   .759
Akron 9 5   .643 21 9   .700
Eastern Kentucky 9 5   .643 19 11   .633
Austin Peay 8 6   .571 14 14   .500
Morehead State 8 6   .571 14 14   .500
Murray State 6 8   .429 13 15   .464
Youngstown State 4 10   .286 11 17   .393
Tennessee Tech 1 13   .071 7 20   .259
1987 OVC tournament winner
Rankings from AP poll

The 1986–87 Austin Peay Governors basketball team represented Austin Peay State University during the 1986–87 season. The Governors, led by eighth-year head coach Lake Kelly, played their home games at the Dunn Center in Clarksville, Tennessee as members of the Ohio Valley Conference.

After finishing fourth in the OVC regular season standings, Austin Peay won the OVC tournament to earn an automatic bid to the NCAA tournament. In the opening round, the Governors upset No. 3 seed Illinois, 68–67. It was the third upset of a No. 3 seed in the opening round by a No. 14 seed since the NCAA tournament expanded to a 64-team field in 1985. Austin Peay followed the win with another strong showing, but they fell to No. 6 seed and eventual Final Four participant Providence, 90–87 in OT. The team finished with a 20–12 record (8–6 OVC).