Hollins was one of the referees assigned to officiate Game 5 of the 1994 NBA Playoffs series between the Chicago Bulls and New York Knicks; the resulting incident was described as the most controversial moment of Hollins’ career by Referee magazine. With 2.1 seconds left in the fourth quarter, the Knicks' Hubert Davis attempted a 23-foot shot which was defended by the Bulls' Scottie Pippen. Pippen was called for a personal foul by Hollins, who determined that Pippen made contact with Knicks' guard Hubert Davis. Television replays indicated that contact was made after Davis had released the ball. Davis successfully made both free throw attempts to assist in the Knicks victory, 87-86, and gave the Knicks a three to two games advantage in the series.
Hollins defended the call after the game saying, "I saw Scottie make contact with his shooting motion. I'm positive there was contact on the shot."Darell Garretson, the league's supervisor of officials and who also officiated in the league, agreed with Hollins and issued a statement, "The perception is that referees should put their whistles in their pockets in the last minutes. But it all comes down to what is sufficient contact. There's an old, old adage that refs don't make those calls in the last seconds. Obviously, you hope you don't make a call that will decide a game. But the call was within the context of how we had been calling them all game." Garretson later changed his stance of the call the next season. Speaking to a Chicago Tribune reporter, Garretson described Hollins' call as "terrible". Chicago head coach Phil Jackson, upset over the outcome of the game, was fined US$10,000 for comparing the loss to the gold medal game controversy at the 1972 Summer Olympics.