The 2014–15 season was Sport Lisboa e Benfica's 111th season in existence and the club's 81st consecutive season in the top flight of Portuguese football.

Benfica won their second consecutive and 34th overall Primeira Liga title, their second consecutive and sixth overall Taça da Liga, and their fifth Supertaça Cândido de Oliveira.

In the 111th season, manager Jorge Jesus started his sixth consecutive season at Benfica, for the first time in the last 60 years, since János Biri. The president Luís Filipe Vieira started his eleventh consecutive season.

After winning an historic treble, Benfica lost many players of its starting XI. Nemanja Matić had moved to Chelsea on 15 January 2014.Guilherme Siqueira had returned to Granada in June. On 25 June, Ezequiel Garay had moved to Zenit Saint Petersburg.Rodrigo and André Gomes' economic rights had been sold to an investment firm on 31 January; in July, they moved to Valencia on loan. On 15 July, Lazar Marković moved to Liverpool. The next day, Jan Oblak moved to Atlético Madrid.

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