| Year: | 1932 |
| Team: | Mercer Bears |
| Sport: | football |
| Conference: | Dixie Conference |
| Short Conf: | Dixie |
| Conference2: | Southern Intercollegiate Athletic Association |
| Short Conf2: | SIAA |
| Record: | 6–2 |
| Conf Record: | 3–0 |
| Conf2 Record: | 5–2 |
| Head Coach: | Lake Russell |
| Hc Year: | 4th |
| Stadium: | Centennial Stadium |
| Champion: | Dixie champion |
The 1932 Mercer Bears football team was an American football team that represented Mercer University as a member of both the Dixie Conference and the Southern Intercollegiate Athletic Association (SIAA) during the 1932 college football season. In their fourth year under head coach Lake Russell, the team compiled a 6–2 record.