The 1994–95 NBA season was the Bulls' 29th season in the National Basketball Association. During the offseason, the Bulls signed free agents Ron Harper and Jud Buechler. However, Harper would no longer be able to average double-digits in points as he played a limited amount of minutes. The Bulls struggled in the first half of the season with a 23–25 record at the All-Star break. However, they received a major boost upon the return of Michael Jordan, who came out of retirement to rejoin the team, faxing a memo that simply said "I'm back." The Bulls won 24 of their final 34 games, and finished the season with a 47–35 record, going 13–4 with Jordan back in the lineup. The Bulls finished third in the Central Division and fifth in the Eastern Conference. Jordan wore #45 on his jersey, but later on changed it back to #23 during the playoffs.Scottie Pippen was selected for the 1995 NBA All-Star Game.

The Bulls defeated the 4th-seeded Charlotte Hornets three games to one in the first round of the 1995 NBA Playoffs, but would eventually lose in the second round to the Conference champion Orlando Magic in six games. The Magic eventually went to the NBA Finals, but were unable to stop the 6th-seeded and eventual two-time NBA Champion Houston Rockets, as they were swept in four straight hard-fought games. Following the season, B.J. Armstrong left in the 1995 NBA Expansion Draft, and Will Perdue was traded to the San Antonio Spurs.

Note: GP= Games played; REB= Rebounds; AST= Assists; STL = Steals; BLK = Blocks; PTS = Points; AVG = Average

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