The 1994 Survivor Series was the eighth annual Survivor Series professional wrestling pay-per-view (PPV) event produced by the World Wrestling Federation (WWF, now WWE). It took place on Thanksgiving Eve on November 23, 1994, at the Freeman Coliseum in San Antonio, Texas. Since its inception, Survivor Series always took place on the traditional Thanksgiving Eve/Day date; the following Survivor Series and all subsequent shows have taken place on various Sundays before Thanksgiving (the 2005 and 2006 events were exceptions, as they were held in the Sunday after Thanksgiving weekend).

Two main event matches were held; in the first, Bob Backlund won the WWF Championship from Bret Hart in a submission match after Bret's brother Owen convinced their mother to throw in a towel to end the match. In the other main event, The Undertaker defeated Yokozuna in a casket match with Chuck Norris as the special guest ring enforcer.

The event also featured three elimination matches and two singles matches. Razor Ramon led The Bad Guys against Diesel's team of The Teamsters. Ramon won the match for his team after all members of the other team were counted out. Doink the Clown teamed with three midgets to form Clowns Are Us in a match against The Royal Family, composed of Jerry Lawler and three midgets. The Royal Family won the match, but all seven other competitors attacked Lawler after the match. Lex Luger led Guts and Glory against the Million Dollar Corporation team, which was managed by Ted DiBiase. DiBiase's team won after Luger, the last wrestler from his team, was pinned.

Shawn Michaels and Diesel, the WWF Tag Team Champions going into the event, began feuding after Michaels accidentally kicked Diesel during the match. They vacated their title and began a feud that led to a match at WrestleMania XI. Three days after Survivor Series, Diesel won the WWF World Heavyweight Championship by defeating Backlund. The rivalry between Backlund and Bret Hart continued, and they also faced each other at WrestleMania XI.