The 2012–13 Michigan Wolverines men's basketball team represented the University of Michigan during the 2012–13 NCAA Division I men's basketball season. The team played its home games in Ann Arbor, Michigan, at the Crisler Center. This season marked the team's 96th consecutive year as a member of the Big Ten Conference, and it is occasionally referred to as "Team 96". The team was led by sixth-year head coach John Beilein. As the defending 2011–12 Big Ten Conference men's basketball season regular season co-champions, the Wolverines finished fourth in the conference in 2012–13 and as National Runner-up in the 2013 NCAA Division I men's basketball tournament after losing in the championship game to Louisville. Louisville's win was later vacated due to the 2015 University of Louisville basketball sex scandal. The team achieved a 31–8 record, the most wins by the program in 20 seasons.

The Big Ten Conference Men's Basketball Player of the Year is an award given to the Big Ten Conference's most outstanding player. The award was first given following the 1984–85 season. Only four players have won the award multiple times: Jim Jackson of Ohio State, Mateen Cleaves of Michigan State, Luka Garza of Iowa, and Zach Edey of Purdue. Ten players who won the Big Ten Player of the Year award were also named the national player of the year by one or more major voting bodies: Jim Jackson (1992), Calbert Cheaney of Indiana (1993), Glenn Robinson of Purdue (1994), Evan Turner of Ohio State (2010), Draymond Green of Michigan State (2012), Trey Burke of Michigan (2013), Frank Kaminsky of Wisconsin (2015), Denzel Valentine of Michigan State (2016), Luka Garza of Iowa (2021), and Zach Edey of Purdue.