Division Standings
- * Playoff teams
| Team | W | L | W/L% | GB | PS/G | PA/G | SRS |
|---|---|---|---|---|---|---|---|
| Eastern Division | |||||||
| Syracuse Nationals* | 43 | 29 | .597 | — | 91.1 | 89.7 | 1.23 |
| New York Knicks* | 38 | 34 | .528 | 5.0 | 92.7 | 92.6 | 0.11 |
| Boston Celtics* | 36 | 36 | .500 | 7.0 | 101.5 | 101.5 | -0.03 |
| Philadelphia Warriors | 33 | 39 | .458 | 10.0 | 93.2 | 93.5 | -0.19 |
| Baltimore Bullets (1) | |||||||
| Western Division | |||||||
| Fort Wayne Pistons* | 43 | 29 | .597 | — | 92.4 | 90.0 | 2.01 |
| Minneapolis Lakers* | 40 | 32 | .556 | 3.0 | 95.6 | 94.5 | 0.96 |
| Rochester Royals* | 29 | 43 | .403 | 14.0 | 90.8 | 92.4 | -1.43 |
| Milwaukee Hawks | 26 | 46 | .361 | 17.0 | 87.4 | 90.4 | -2.66 |
(1) The Baltimore Bullets disbanded on November 27, 1954 with a 3-11 record. The official records for the 1954-55 season do not include the Bullets' games and team statistics, nor do they include the statistics of opposing players and teams in games played against the Bullets.
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- * Playoff teams
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- * Playoff teams
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Playoff Series