The 2016–17 Austin Peay Governors basketball team represented Austin Peay State University during the 2016–17 NCAA Division I men's basketball season. The Governors, led by 27th-year head coach Dave Loos, played their home games at the Dunn Center in Clarksville, Tennessee and were members of the West Division of the Ohio Valley Conference (OVC). They finished the season 11–19, 7–9 in conference play, to finish in fourth place in the West Division. They failed to qualify for the Ohio Valley Conference tournament.