The 2014–15 Butler Bulldogs men's basketball team represented Butler University in the 2014–15 NCAA Division I men's basketball season. Their head coach was Chris Holtmann, who took over as interim head coach after Brandon Miller requested and was granted a medical leave of absence from the university. Holtmann was then named the permanent head coach on January 2, 2015, becoming the 23rd head coach of Butler's men's basketball team. The Bulldogs played their home games at Hinkle Fieldhouse, which has a capacity of approximately 9,100. This was Butler's second season in the Big East Conference. They finished the season 23–11, 12–6 in Big East play to finish in a tie for second place. They lost in the quarterfinals of the Big East tournament to Xavier. The Bulldogs received an at-large bid to the NCAA tournament as a #6 seed and defeated Texas in the second round before losing in the Third Round to Notre Dame.

The 2014–15 Xavier Musketeers men's basketball team represented Xavier University during the 2014–15 NCAA Division I men's basketball season. Led by fifth year head coach Chris Mack, they played their games at the Cintas Center and were second year members of the Big East Conference. They finished the season 23–14, 9–9 in Big East play to finish in sixth place. They advanced to the championship game of the Big East tournament where they lost to Villanova. They received an at-large bid to the NCAA tournament where they defeated Ole Miss in the second round and Georgia State in the Third Round before losing in the Sweet Sixteen to Arizona.