The 2020–21 UCF Knights men's basketball team represents the University of Central Florida during the 2020–21 NCAA Division I men's basketball season. The Knights are members of the American Athletic Conference. The Knights, in the program's 52nd season of basketball, are led by fifth-year head coach Johnny Dawkins and play their home games at the Addition Financial Arena on the university's main campus in Orlando, Florida. They finished the season 11-12, 8-10 in AAC Play to finish in 6th place. They defeated East Carolina in the first round of the AAC tournament before losing in the quarterfinals to Memphis.