|Dates||June 27 – July 12|
|Teams||10 (from 1 confederation)|
|Venue(s)||3 (in 3 host cities)|
|Champions||Uruguay (13th title)|
|Goals scored||33 (2.54 per match)|
|Top scorer(s)|| Arnoldo Iguarán |
|Best player(s)||Carlos Valderrama|
The 1987 Copa América was the 33rd edition of the Copa América, CONMEBOL's national team competition. It was the first Copa América under the new rotational hosting system. Argentina, as the first country alphabetically, hosted the tournament between June 27 and July 12. Uruguay successfully defended their title, winning a record 13th Copa América.
|Estadio Monumental||Estadio Olímpico Chateau Carreras||Estadio Gigante de Arroyito|
|Capacity: 67,664||Capacity: 46,083||Capacity: 41,654|
The teams were drawn into three groups, consisting of three teams each. Each team plays once against the other teams in their group and would receive 2 points for a win, 1 point for a draw, 0 points for a loss. The winner of each group advances to the semi-finals. Defending champions Uruguay received a bye into the semi-finals.
Uruguay qualified automatically as holders for the semifinal.
|Maradona 47'||Reyna 59'|
Maradona 67' (pen.), 85'
|La Rosa 87'||Cuvi 72'|
|Edú Marangón 33'
Morovic 39' (o.g.)
|Acosta 24' (pen.)|
|Basay 41', 68'
Letelier 48', 75'
|Iguarán 8', 34', 50'|
|July 8 - Córdoba|
|12 July - Buenos Aires|
|July 9 - Buenos Aires|
|11 July - Buenos Aires|
|Redín 103' (pen.)|
|1987 Copa América Champions|
With four goals, Arnoldo Iguarán is the top scorer in the tournament. In total, 33 goals were scored by 24 different players, with only one of them credited as own goal.