The Oakland Oaks won the ABA championship after finishing with the league's best record during the regular season (60–18, .769). The Pittsburgh Pipers had accomplished the same feat the year prior.
Rick Barry, now eligible to play for the Oaks after being forced to sit out the previous season, averaged 34.0 points during the regular season. However, Barry only played 35 regular season games before injuring a knee and missing the playoffs.
The Oaks, like the Pittsburgh Pipers before them, did not play in the following season as the same team. The Oakland Oaks became the Washington Caps for the 1969–1970 ABA season; the Pittsburgh Pipers had become the Minnesota Pipers after winning the ABA championship the prior season.
The Oaks' 60–18 (.769) record in this season was the best in ABA history until the Kentucky Colonels finished the 1971–1972 season with a record of 68–16 (.810), a record that was never surpassed.
Warren Jabali of Oakland was the Most Valuable Player of the ABA playoffs.
