This was a rematch of the 1978 NBA Finals, which the Bullets won 4–3. Seattle made a key offseason trade sending Marvin Webster to the New York Knicks for Lonnie Shelton.
The 1978 NBA Finals were played again, with the Bullets emerging victorious 4 games to 3. Seattle swapped key players; they traded Marvin Webster to the New York Knicks for Lonnie Shelton.