The Eastern Illinois Panthers men's basketball team is the basketball team that represents Eastern Illinois University in Charleston, Illinois, United States. The first basketball team started in 1908–09 season. The school's team currently competes in the Ohio Valley Conference. The Panthers competed in the NCAA Tournament in 1992 and 2001.
The Panthers have appeared in the NCAA Division II Tournament six times. Their combined record is 10–7.
Lantz Arena is a 5,400-seat multi-purpose arena in Charleston, Illinois. It is home to the Eastern Illinois University (EIU) Panthers men's and women's basketball teams and to the women's volleyball team. Completed in 1967, the Lantz Arena Complex also houses the offices of the EIU athletic department, the Lantz Indoor Fieldhouse, and the Ray Padovan Swimming Pool. The building replaced the Health Education Building (now known as McAfee Gymnasium), which was built in 1938 and is now on the National Register of Historic Places. The arena complex is named for Charles Lantz, longtime football, basketball, and baseball coach of the Panthers.