The Drake University men's basketball team handed out its annual postseason awards on April 10, 2016, at the team's postseason banquet hosted by Sheraton – West Des Moines.
Sophomore Reed Timmer (New Berlin, Wis.) was honored as the season's Most Valuable Player. The guard led the team in scoring at 16.8 points per game on 46.2 percent shooting and was 40-of-99 (.404) from the three-point arc. He also had 112 rebounds on the season and was second on the team in assists with 78. He scored 20 or more points in a game nine times during the season to earn honorable mention All-MVC honors.