Season Highlights
- The PBA Annual Draft was held on January 8, 1995 at the New World Hotel. A total of 28 players were chosen, leaving only five hopefuls untaken.
- The league returned to the Araneta Coliseum, after a decade of absence, with the scheduled games on Friday being held at the Big Dome.
- The PBA All-star game returned to its old format of Veterans vs Rookies/Sophomores/Juniors team, also the All-Star event was moved in the month of July, with the first-ever PBA fans day held at the Araneta Coliseum a week before the annual all-star game.
- A mid-90s rivalry was born, between the Sunkist Orange Juicers and the Alaska Milk, the two teams battle in two memorable finals for the season. The Orange Juicers, who had won the first two conferences, failed in its bid to win the Grandslam, with Alaska Milk taking home the Third Conference trophy.
- Vergel Meneses of Sunkist was the season's best, winning the prestigious MVP Award as well as the All-Star MVP and Best Player of the Conference in the Juicers' two championships.
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