2016–17 Premier League Tournament Tier B
| Dates | 2 December 2016 – 29 January 2017 | 
|---|---|
| Administrator(s) | Sri Lanka Cricket | 
| Cricket format | First-class cricket | 
| Tournament format(s) | Round-robin | 
| Host(s) | Sri Lanka | 
| Champions | Panadura Sports Club | 
| Participants | 9 | 
| Matches | 36 | 
| Most runs | Hashan Prabath (619) | 
| Most wickets | Gayan Sirisoma (91) | 
The 2016–17 Premier League Tournament Tier B was the second division of the 29th season of first-class cricket in Sri Lanka's Premier Trophy. The tournament was contested by nine teams, starting on 2 December 2016 and concluding on 29 January 2017. Sri Lanka Ports Authority Cricket Club joined the division after they were relegated from the 2015–16 Tier A tournament.
Panadura Sports Club finished top of the table, but it was runners-up Sri Lanka Ports Authority Cricket Club who secured promotion to Tier A due to a match-fixing scandal that resulted in the match between Panadura SC and Kalutara Physical Culture Club played on 23–25 January 2017 being declared null and void.