The Bulls became the first team since the Boston Celtics of the 1960s to win three consecutive championship titles, clinching the "three-peat" with John Paxson's game-winning 3-pointer that gave them a 99–98 victory in Game 6.

In the 1992 offseason, the Suns made a blockbuster trade, acquiring Charles Barkley from the Philadelphia 76ers in exchange for Jeff Hornacek, Tim Perry and Andrew Lang.

Before the game, a moment of silence was observed in memory of New Jersey Nets guard Dražen Petrović, who had been killed in a car accident two days earlier.

In the second half, the Suns began to pressure the Bulls, but ran into trouble when Kevin Johnson fouled out, and Charles Barkley suffered an elbow injury.

Scottie Pippen blocked Danny Ainge's 3-point attempt to seal the win and Phoenix became the first team to lose their home-court advantage twice in the first two games of the NBA Finals (the Orlando Magic did this two years later).

Suns: Kevin Johnson 25, Dan Majerle 28, Charles Barkley 24, Mark West 11, Richard Dumas 17, Danny Ainge 10, Tom Chambers 12, Oliver Miller 2, Frank Johnson 0, Jerrod Mustaf 0 Bulls: B. J. Armstrong 21, Michael Jordan 44, Scottie Pippen 26, Horace Grant 13, Bill Cartwright 8, Scott Williams 4, Trent Tucker 3, Stacey King 0, John Paxson 2, Darrell Walker 0 In Game 4, Michael Jordan was unstoppable, scoring 55 points at Chicago Stadium and making a tough driving layup late in the game while getting fouled.

Scott Williams, who like MJ played his college basketball at UNC for Dean Smith, joked afterwards about "being proud that the two former Tar Heels combined for 57 points."

Suns: Charles Barkley 32, Dan Majerle 14, Kevin Johnson 19, Richard Dumas 17, Mark West 8, Tom Chambers 7, Danny Ainge 2, Oliver Miller 2, Frank Johnson 4 Bulls: Michael Jordan 55, Scottie Pippen 14, Horace Grant 17, B. J. Armstrong 11, Bill Cartwright 3, John Paxson 6, Scott Williams 2, Stacey King 3, Rodney McCray 0, Darrell Walker 0, Trent Tucker 0 Before Game 5, Charles Barkley told the press he had announced to his teammates that they needed to win to "Save the City", a reference to the riots anticipated in Chicago if the Bulls won the championship at home.

Suns: Dan Majerle 11, Charles Barkley 24, Kevin Johnson 25, Mark West 5, Richard Dumas 25, Danny Ainge 8, Oliver Miller 8, Frank Johnson 2, Tom Chambers 0, Jerrod Mustaf 0 Bulls: Michael Jordan 41, Scottie Pippen 22, Horace Grant 1, B. J. Armstrong 7, Bill Cartwright 2, John Paxson 12, Scott Williams 4, Stacey King 4, Will Perdue 0, Trent Tucker 5, Darrell Walker 0 The Bulls got off to a good start in Game 6 but struggled in the fourth quarter, squandering a double-digit lead to trail 98–94.

Michael Jordan made a layup to cut the lead to 2 points, and Dan Majerle's 30-foot three-pointer fell short on the Suns' next possession.

Although Westphal's sole instruction on the play was for none of the players to double-team any of the Bulls (even Michael Jordan), Danny Ainge left John Paxson to try and either steal the ball or foul Horace Grant, who had missed all five of his shot attempts in the game and wasn't a good crunch-time free throw shooter.

Bulls: Michael Jordan 33, Scottie Pippen 23, B. J. Armstrong 18, Horace Grant 1, Bill Cartwright 2, John Paxson 8, Scott Williams 5, Trent Tucker 9, Stacey King 0 Suns: Dan Majerle 21, Kevin Johnson 19, Charles Barkley 21, Richard Dumas 8, Mark West 4, Tom Chambers 12, Danny Ainge 9, Oliver Miller 4, Frank Johnson 0 Michael Jordan, who averaged a Finals-record 41.0 PPG during the six-game series, became the first player in NBA history to win three straight Bill Russell NBA Finals Most Valuable Player Awards.

After the series, Johnson soon left NBC and returned to the Lakers for various roles, while Fratello was hired by the Cleveland Cavaliers as their head coach.