• The
Dallas Mavericks become the league's 23rd franchise. As a result, the NBA realigns four of its teams to better reflect their geographical locations (the
Milwaukee Bucks and
Chicago Bulls move to the Eastern Conference and the
San Antonio Spurs and
Houston Rockets to the Western Conference), finishing a process of geographic realignment that began in the
1978–79 season. • The
1981 NBA All-Star Game was played at the
Richfield Coliseum near
Cleveland, Ohio, with the East defeating the West 123–120.
Nate Archibald of the
Boston Celtics wins the game's MVP award. • To date, this was the final time that a regular-season had ended during the month of March. • The
Houston Rockets (40–42) become just the second team in NBA history (to date) to make the finals without posting a winning record during the regular season. The
Kansas City Kings, their opponents in the Western
Conference finals, also posted a 40–42 record. • It was the final season for Hall of Famers
Rudy Tomjanovich,
Wes Unseld, and
Jo Jo White. ==Final standings==