The 1932 Mercer Bears football team was an American football team that represented Mercer University as a member of both the Dixie Conference and the Southern Intercollegiate Athletic Association (SIAA) during the 1932 college football season. In their fourth year under head coach Lake Russell, the team compiled a 6–2 record.
On November 21, 1932, the school announced that they would be renouncing all claim to the Dixie Conference football championship in 1932, as the by-laws for the conference required a team to play 4 games against Dixie Conference competition in order to be eligible for the title.
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