The 1994–95 NBA year was the Rockets’ 28th season from the National Basketball Association, also 24th season in Houston.  After winning their first tournament, the Rockets went on to win their first nine matches of this season. However, with increased competition in the West, management felt that a change was needed to win another title. On February 14, the Celtics traded Otis Thorpe to the Portland Trail Blazers for All-Star guard Clyde Drexler, a former teammate of Hakeem Olajuwon in the University of Houston. However, following the transaction, the Rockets struggled in the second half of this season posting a record of 17–18 on their way to finishing third in the Midwest Division with a 47–35 record. Olajuwon was chosen for the 1995 NBA All-Star Game.
In the playoffs, the Rockets confronted the 3rd-seeded Utah Jazz in the first round. The Jazz would take a 2–1 series lead, but the Rockets went on to win the series in five games. In the semifinals, they faced the Phoenix Suns for the 2nd consecutive year. The Rockets was able to conquer the Suns in seven matches ahead of the Western Conference Finals. In all Texas Western Conference, they confronted the top-seeded San Antonio Spurs. The two teams lacked home court advantage in the series, only winning on the road before the Rockets won Game 6 at The Summit and advanced to the NBA Finals. From the Finals, they swept the Orlando Magic in four consecutive matches, and won their second successive championship. Following the year, Vernon Maxwell signed as a free agent with the Philadelphia 76ers, and Tracy Murray left in the 1995 NBA Expansion Draft.
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