The top four teams from each group advance to the knockout round. The losers from the knockout quarterfinals compete in a separate bracket to define fifth through eighth place.
The winners in the knockout semifinals advanced to the Final and were granted berths in the 1994 FIBA World Championship in Canada. The losers figure in a third-place playoff and were both also granted berths in the FIBA World Championship. Since Canada and the United States were already qualified as hosts and Olympic Champions respectively, should they reach one of the top four positions in the final standings, one or two extra berths should be granted to the fifth and/or sixth team in the final standings.