The 1994 Newsweek Champions Cup and the Evert Cup were tennis tournaments played on outdoor hard courts. It was the 19th edition of the Indian Wells Masters and was part of the Super 9 of the 1994 ATP Tour and of Tier II of the 1994 WTA Tour. They were held at the Grand Champions Resort in Indian Wells, California in the United States, with the women's tournament played from February 21 through February 27, 1994 while the men's tournament was played from February 28 through March 7, 1994.
The men singles was headlined by World No. 1 Pete Sampras, Jim Courier and Stefan Edberg. Other top seeds were Sergi Bruguera, Goran Ivanišević, Michael Chang, Todd Martin and Thomas Muster.
The women's draw featured World No. 1 Steffi Graf, Mary Joe Fernández, and Lindsay Davenport. Other top seeds present were Natasha Zvereva, Helena Suková, and Amanda Coetzer.
Pete Sampras defeated Petr Korda 4–6, 6–3, 3–6, 6–3, 6–2
- It was Sampras' 3rd title of the year and the 25th of his career. It was his 1st Masters title of the year and his 3rd overall.
Steffi Graf defeated Amanda Coetzer 6–0, 6–4
- It was Graf's 3rd title of the year and the 93rd of her career.
Grant Connell / Patrick Galbraith defeated Byron Black / Jonathan Stark 7–5, 6–3
- It was Connell's 1st title of the year and the 8th of his career. It was Galbraith's 1st title of the year and the 16th of his career.
Lindsay Davenport / Lisa Raymond defeated Manon Bollegraf / Helena Suková 6–2, 6–4
- It was Davenport's 2nd title of the year and the 3rd of her career. It was Raymond's only title of the year and the 2nd of her career.