The Houston Rockets are a team.
1993–94 NBA season . The season ended with the Houston Rockets defeating the New York Knicks 4 games to 3 in the NBA Finals to win the franchise 's first championship . Houston Rockets . Olajuwon-led Rockets went to the 1994 NBA Finals and won franchise 's first championship against Patrick Ewing and the New York Knicks . Southwest Division (NBA) . The division is located in the South Central United States and consists of five teams , the Dallas Mavericks , the Houston Rockets , the Memphis Grizzlies , the New Orleans Pelicans and the San Antonio Spurs .