Supercopa Libertadores
The competition was contested between Cruzeiro, winners of the 1995 Copa Master de Supercopa, and São Paulo, winners of the 1994 Copa CONMEBOL, in a two-legged tie. Vélez Sársfield, winner of the 1994 Copa Libertadores, and Independiente, winner of the 1994 Supercopa Libertadores, declined to participate. In addition, the scheduling conflicts of the competition led the only match-up between Cruzeiro and São Paulo to count as a quarterfinal tie for the 1995 Supercopa Libertadores.