| 1987 NBL Finals | |
| League: | National Basketball League |
| Sport: | Basketball |
| Duration: | 30 September - 16 October 1987 |
| No Of Teams: | 4 |
| Tv: | ATN7, BTQ7, STW9, SAS10 |
| Finals: | NBL Finals |
| Finals Champ: | Brisbane Bullets |
| Finals Runner-Up: | Perth Wildcats |
| Finals Mvp: | Leroy Loggins |
| Finals Mvp Link: | NBL (Australia) Most Valuable Player – Grand Final |
| Prevseason Year: | 1986 |
| Nextseason Year: | 1988 |
The 1987 NBL Finals was the championship series of the 1987 season of Australia's National Basketball League (NBL) and the conclusion of the season's playoffs. The Brisbane Bullets defeated the Perth Wildcats in two games (2-0) for their second NBL championship.
The 1987 National Basketball League Finals started on 30 September and concluded on 16 October. The playoffs consisted of two best of three Semi-finals and the best of three game Grand Final series.
| Team | Finals appearance | Previous appearance | Previous best performance |
|---|---|---|---|
| 6th | Runners up (1986) | ||
| 4th | 1986 | Champions (1986) | |
| 3rd | 1986 | 4th in 1986 | |
| 1st | - | 8th in 1985 | |
The NBL tie-breaker system as outlined in the NBL Rules and Regulations states that in the case of an identical win–loss record, the results in games played between the teams will determine order of seeding.
| width=100 | Date | width=150 | Home Team | width=60 | Score | width=150 | Away Team | width=200 | Venue |
|---|---|---|---|---|---|---|---|---|---|
| 26 September | 105-97 | Illawarra Basketball Stadium | |||||||
| 27 September | 101-96 | Perth Superdrome |