| Nextseason: | 2017–18 |
| Domino's deild karla1 | |
| Extra Information: | 1 Sponsored league name, referring to Úrvalsdeild karla. |
| T Bg: |
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| T Color: | white |
| Champions: | KR (16th title) |
| Runners Up: | Grindavík |
| Relegated: | Skallagrímur, Snæfell |
| Teams: | 12 |
| Duration: | 6 October 2016 – 30 April 2017 |
| Tv: | Stöð 2 Sport |
| Finals Mvp N: | Iceland |
| Finals Mvp Link: | Úrvalsdeild Men's Playoffs MVP |
| Award4: | Domestic MVP |
| Award4 Link: | Úrvalsdeild Men's Domestic Player of the Year |
| Award4 N: | ISL |
| Award5: | Foreign MVP |
| Award5 Link: | Úrvalsdeild Men's Foreign Player of the Year |
| Award5 N: | USA |
| Ppg: | 29.5 |
| Ppg N: | USA |
| Rpg: | 15.3 |
| Rpg N: | USA |
| Apg: | 6.8 |
| Apg N: | ISL |
| Top Seed: | KR |
The 2016–17 Úrvalsdeild karla was the 66th season of the Úrvalsdeild karla, the top tier men's basketball league in Iceland. The season started on 6 October 2016 and ended on 30 April 2017. KR won its fourth title in a row by defeating Grindavík 3–2 in the Finals.[1]
The participating teams first played a conventional round-robin schedule with every team playing each opponent once "home" and once "away" for a total of 22 games. The top eight teams qualified for the championship playoffs whilst the two last qualified were relegated to Division 1.