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.

[1] Pete Sampras defeated Andre Agassi 5–7, 6–3, 6–3 Steffi Graf defeated Natasha Zvereva 4–6, 6–1, 6–2 Jacco Eltingh / Paul Haarhuis defeated Mark Knowles / Jared Palmer 7–6, 7–6 Gigi Fernández / Natasha Zvereva defeated Patty Fendick / Meredith McGrath 6–3, 6–1