The 1961 Atlantic Coast Conference Men's Basketball Tournament was held in Raleigh, North Carolina at Reynolds Coliseum from March 2-4, 1961. Wake Forest defeated Duke 96-81 to win the championship. Len Chappell of Wake Forest was named tournament MVP.
North Carolina did not participate because the program was on NCAA probation. As a result, top seed Wake Forest received a first-round bye. The only other time an ACC team opted out of the tournament was Maryland in 1991 for similar reasons.
| Quarterfinals March 2, 1961 |
Semifinals March 3, 1961 |
Championship Game March 4, 1961 |
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| 1 | Wake Forest | ||||||||||||
| Bye | |||||||||||||
| 1 | Wake Forest | 98 | |||||||||||
| 4 | Maryland | 76 | |||||||||||
| 4 | Maryland | 91 | |||||||||||
| 5 | Clemson | 75 | |||||||||||
| 1 | Wake Forest | 96 | |||||||||||
| 2 | Duke | 81 | |||||||||||
| 2 | Duke | 89 | |||||||||||
| 7 | Virginia | 54 | |||||||||||
| 2 | Duke | 92 | |||||||||||
| 6 | South Carolina | 75 | |||||||||||
| 3 | NC State | 78 | |||||||||||
| 6 | South Carolina | 80 | |||||||||||
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