It was held on January 21, 1954, at Madison Square Garden in New York City.
The Eastern Division held an 84–82 edge with only seconds remaining in the game.
Mikan proceeded to make both foul shots, which sent the game into overtime.
In the extra period, Cousy scored 10 points to secure a 98–93 victory.
The Western Division's Jim Pollard, the game's high scorer with 23 points, had been named MVP in a vote taken before regulation time had run out.