Tom Arnold Will Be Buried In Iowa Football Locker ... For Real.

Tom Arnold says he's such a die-hard Iowa Hawkeyes fan ... he's actually going to be buried in one of the football team's old lockers -- which his wife recently purchased for $200.

The school liquidated a bunch of lockers from the old football team locker room to make room for the new stuff ... and Tom says his wife swooped in.

"It's a short term investment cause she can use it as my casket ... because caskets are so expensive!"

He added, "$200 ... that's a good deal!"