The 1995–96 NBA season was the Hawks' 47th season in the National Basketball Association, and 28th season in Atlanta. During the offseason, the Hawks re-acquired Spud Webb from the Sacramento Kings. The Hawks played above .500 during the first month of the season, but then struggled losing 10 of their 14 games in December before posting a ten-game winning streak in January. At midseason, Webb was traded along with Andrew Lang to the Minnesota Timberwolves for Christian Laettner and Sean Rooks. The Hawks finished fourth in the Central Division with a 46–36 record. Head coach Lenny Wilkens reached a significant milestone, becoming the first NBA coach to reach 1,000 victories. Mookie Blaylock finished third in the league with 231 three-point field goals, which was a franchise record for the team.

In the first round of the playoffs, the Hawks faced the Indiana Pacers for the third consecutive season. They would eliminate the 3rd-seeded Pacers in a hard fought five-game series. However, in the Eastern Conference semifinals, they would be eliminated by the Orlando Magic in five games. Following the season, Stacey Augmon and Grant Long were both traded to the Detroit Pistons, Craig Ehlo signed as a free agent with the Seattle SuperSonics, and Rooks signed with the Los Angeles Lakers.

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