1972–73 Yugoslav First League

Prva savezna liga
Season197273
Dates20 August 1972 – 24 June 1973
ChampionsRed Star (11th title)
RelegatedSpartak
Sutjeska
Top goalscorerVojin Lazarević
Slobodan Santrač
(25 goals each)

The 1972–73 Yugoslav First League season was the 27th season of the First Federal League of Yugoslavia (Serbo-Croatian Latin: Prva savezna liga Jugoslavije), the top level association football competition of SFR Yugoslavia, since its establishment in 1946. A total of 18 teams competed in the league, with the previous season's runners-up Red Star winning the title.