The 1994 Lipton Championships was a tennis tournament played on outdoor hard courts. It was the 10th edition of the Miami Masters and was part of the Super 9 of the 1994 ATP Tour and of Tier I of the 1994 WTA Tour. The tournament was held at the Tennis Center at Crandon Park in Key Biscayne, Florida in the United States from March 11 through March 21, 1994.
| 1994 Lipton Championships | |
|---|---|
| Date | March 11 – 21 |
| Edition | 10th |
| Surface | Hard / outdoor |
| Location | Key Biscayne, Florida, U.S. |
| Venue | Tennis Center at Crandon Park |
| Champions | |
| Men's singles | |
 Pete Sampras | |
| Women's singles | |
 Steffi Graf | |
| Men's doubles | |
 Jacco Eltingh / Paul Haarhuis | |
| Women's doubles | |
Gigi Fernández /  Natasha Zvereva | |
Finals edit
Men's singles edit
Pete Sampras defeated Andre Agassi 5–7, 6–3, 6–3
- It was Sampras' 4th title of the year and the 26th of his career.
Women's singles edit
Steffi Graf defeated Natasha Zvereva 4–6, 6–1, 6–2
- It was Graf's 5th title of the year and the 95th of her career.
Men's doubles edit
Jacco Eltingh / Paul Haarhuis defeated 
Mark Knowles / Jared Palmer 7–6, 7–6
- It was Eltingh's 3rd title of the year and the 17th of his career. It was Haarhuis' 3rd title of the year and the 16th of his career.
Women's doubles edit
Gigi Fernández / Natasha Zvereva defeated Patty Fendick / Meredith McGrath 6–3, 6–1
- It was Fernández's 3rd title of the year and the 47th of her career. It was Zvereva's 4th title of the year and the 47th of her career.