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The Charlotte Hornets became the first of the four late 1980s expansion franchises to win a playoff series on Alonzo Mourning's 20-foot jumper at the buzzer in Game 4 of their first round playoff series against the Boston Celtics.
In Game 3 of the NBA Finals, the Suns defeated the Bulls in triple overtime, 129–121. This marked the second time a Finals game lasted three overtimes, along with Game 5 of the 1976 Finals, which also involved the Suns. Coincidentally, in the 1976 game, Paul Westphal played for the Suns, and in the 1993 game, he coached the Suns.
Michael Jordan scored 40 or more points in 4 consecutive games of the NBA Finals, setting a record, and averaged an NBA Finals record 41.0 points per game for the series.
The Chicago Bulls defeated the Phoenix Suns in the NBA Finals to become the first team in almost 30 years to win three consecutive championships.
New Jersey Nets guard Dražen Petrović was killed in an automobile accident in Munich, Germany on June 7. Almost two months later, on July 27, Boston Celtics guard Reggie Lewis collapsed during practice and died of a heart condition later the same day. Both were later honored by their respective teams by retiring their numbers, and Petrovic would be eventually inducted into the Basketball Hall of Fame.
During the regular season, there were three instances where games had to be stopped due to damage to the goals.
On February 7 in the game between the Orlando Magic and the Phoenix Suns at America West Arena, Magic rookie Shaquille O'Neal went up for a dunk and the recoil due to his massive size was too much for the stanchion to bear; the supports detached and the basket folded in on itself.
On March 12, during a game between the Chicago Bulls and New Jersey Nets at Brendan Byrne Arena that was televised nationally on TNT, Nets forward Chris Morris shattered the glass behind the rim with a forceful dunk.
On April 23, in another game played in New Jersey between the Nets and Magic, O'Neal struck again; this time, he dunked with so much force that the entire backboard, including the shot clock positioned above it, was pulled off the goal. This led the league to provide stronger shatterproof backboards. However, every team is still required to have a spare backboard in their home arenas just in case.
On April 14, during a timeout in the third quarter of a Chicago Bulls-Miami Heat game, spectator Don Calhoun made a 75-foot shot through the basket from the free-throw line at the opposite end of the court, winning himself 1-million dollars.
Teams in bold advanced to the next round. The numbers to the left of each team indicate the team's seeding in its conference, and the numbers to the right indicate the number of games the team won in that round. The division champions are marked by an asterisk. Home court advantage does not necessarily belong to the higher-seeded team, but instead the team with the better regular season record; teams enjoying the home advantage are shown in italics.