| First Round | Player | College |
| 1. Minneapolis Lakers | Elgin Baylor | Seattle |
| 2. Cincinnati Royals | Archie Dees | Indiana |
| 3. New York Knicks | Mike Farmer | San Francisco |
| 4. New York Knicks | Pete Brennan | North Carolina |
| 5. Philadelphia Warriors | Guy Rodgers | Temple |
| 6. Syracuse Nationals | Connie Dierking | Cincinnati |
| 7. St. Louis Hawks | Dave Gambee | Oregon State |
| 8. Boston Celtics | Ben Swain | Texas Southern |
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