Basketball contests at the 1968 Summer Olympics was the seventh appearance of the sport of basketball as an official Olympic medal event. It took place at the Palacio de los Deportes in Mexico City, Mexico from October 13 to October 25, 1968. The United States defeated Yugoslavia to win their seventh consecutive gold medal in this sport, while the Soviet Union earned the bronze against Brazil. The Americans' record of seven basketball gold medals in a row was matched by their women's team in 2021 when they won the 2020 Olympics.

Medal summary

Qualification

Automatic qualifications were granted to the host country and the first five places at the previous tournament. Additional spots were decided by various continental tournaments held by FIBA plus two additional tournaments that granted two extra berths each.

Format

Squads

For the team rosters see: Basketball at the 1968 Summer Olympics – Men's team rosters.

Preliminary round

The top two teams from each group advance to the semifinals, while the remaining teams compete for 5th through 16th places in separate brackets. Both group leaders, the United States and the Soviet Union advanced undefeated to the knockout stage.

Group A

October 13 October 14 October 15 October 16 October 18 October 19 October 20

Group B

October 13 October 14 October 15 October 16 October 18 October 19 October 20

Knockout stage

The much anticipated final between the United States and the Soviet Union would have to wait four years. Yugoslavia stunned the Soviets 63–62 in the semifinals. In the championship game the Americans had a slim 32-29 lead at intermission but put the game out of reach with a 22-3 streak to start the second half.

Medal bracket

Classification brackets

5th–8th Place 9th–12th Place 13th–16th Place

Awards

Final standings