The following are the basketball events of the year 1994 throughout the world.

Championships

World Championship

• Men
  • United States 137, Russia 91
• Women
  • United States 100, Australia 95

Professional

• Men
  • 1994 NBA Finals: Houston Rockets over the New York Knicks 4-3. MVP: Hakeem Olajuwon
    • 1994 NBA Playoffs
    • 1993-94 NBA season
    • 1994 NBA draft
    • 1994 NBA All-Star Game
  • Eurobasket: None
• Women
  • Eurobasket Women: None

College

• Men
  • NCAA
    • Division I: Arkansas 76, Duke 72
    • NIT: Villanova University def. Vanderbilt University
    • Division II: California State University-Bakersfield 92, University of Southern Indiana 86
    • Division III: Lebanon Valley College 66, 59 New York University OT
  • NAIA
    • Division I Oklahoma City University 86, Georgetown College KY 80
    • Division II Eureka College IL 98, Northern State University SD 95 OT
  • NJCAA
    • Division I Hutchinson Community College 78, Three Rivers Community College (MO) 74
    • Division II Joliet Junior College IL 85, Owens Technical College OH 80
    • Division III Gloucester County College 71, Sullivan County CC 69
• Women
  • NCAA
    • Division I: North Carolina 60, Louisiana Tech University 59
    • Division II: North Dakota State 89, Cal State San Bernardino 56
    • Division III: Capital 82, Washington (Mo.) 63
  • NAIA
    • Division I: Southern Nazarene (Okla.) 97, David Lipscomb (Tenn.) 74
    • Division II Northern State University (S.D.) 48, Western Oregon 45
  • NJCAA
    • Division I Trinity Valley CC 104, Westark Community College, Ark. 95
    • Division II Southwestern Michigan College 81, Chattahoochee Valley CC 72
    • Division III Anoka-Ramsey Community College 69, Triton College 62

Awards and honors

Professional

• Men
  • NBA Most Valuable Player Award: Hakeem Olajuwon, Houston Rockets
  • NBA Rookie of the Year Award: Chris Webber Golden State Warriors
  • NBA Defensive Player of the Year Award: Hakeem Olajuwon, Houston Rockets
  • NBA Coach of the Year Award: Lenny Wilkens, Atlanta Hawks

Collegiate

• Naismith College Player of the Year
  • Men: Glenn Robinson, Purdue
  • Women: Lisa Leslie, USC
• Naismith College Coach of the Year
  • Men: Nolan Richardson Arkansas
  • Women: Pat Summitt Tennessee

Naismith Memorial Basketball Hall of Fame

• Class of 1994:^[1]
  • Carol Blazejowski
  • Denny Crum
  • Chuck Daly
  • Buddy Jeannette
  • Cesare Rubini

Movies

• Above the Rim
• The Air Up There
• Blue Chips
• Hoop Dreams

Births

• March 6 — Awa Sissoko, French basketball player

Deaths

• March 13 — Sam Ranzino, All-American at NC State (born 1927)
• May 3 — Vladimir Kostin, FIBA Hall of Fame Russian referee (born 1921)
• June 25 — Katrín Axelsdóttir, Icelandic national team player (born 1956)
• July 10 — Earl Strom, Hall of Fame NBA and ABA referee (born 1927)
• September 3 — Glen Rose, American college player and coach (Arkansas) (born 1905)
• November 11 — Frank McGuire, Hall of Fame coach of the undefeated 1957 National Champion North Carolina Tar Heels (born 1914)
• November 20 — Jānis Krūmiņš, Latvian (Soviet) Olympic Silver medalist (1956, 1960, 1964) (born 1930)