The 1994-1995 Tennessee basketball team had a disappointing season, finishing with a record of 11-16 and ranking 4th in SEC MBB East. This was the first season under new head coach Kevin O'Neill, who had previously been an assistant coach at Arizona.

The team struggled offensively, averaging only 60.2 points per game, which ranked 301st out of 302 teams. However, the team was solid defensively, allowing only 63.4 points per game, which ranked 12th in the nation. The team's strength of schedule was 28th in the nation, and their SRS (Simple Rating System) was 5.49, which ranked 96th out of 302 teams.