The 1986–87 Arkansas State Indians men's basketball team was Arkansas State University from Jonesboro, Arkansas in the 1986–87 season.^[1] Led by third year head coach Nelson Catalina, Arkansas State made their first postseason appearance since their transition to NCAA Division I in 1975. Catalina remained head coach at ASU until 1995. Arkansas State faced University of Arkansas in the first round of the NIT, their only meeting in men's basketball.^[2]

Southland Conference Tournament
3/3/1987 Vs. Louisiana-Monroe - W, 81-80 @ Thomas Assembly Center, Ruston, LA
3/4/1987 Vs. McNeese State - W, 60-59 @ Thomas Assembly Center, Ruston, LA
3/5/1987 Vs. Louisiana Tech - L, 51-58 @ Thomas Assembly Center, Ruston, LA
National Invitation Tournament
3/13/1987 Vs. Arkansas - L, 64-67 OT @ Barnhill Arena, Fayetteville, AR