| First Round | Player | College |
| 1. Sacramento | Pervis Ellison | Louisville |
| 2. LA Clippers | Danny Ferry | Duke |
| 3. San Antonio | Sean Elliott | Arizona |
| 4. Miami | Glen Rice | Michigan |
| 5. Charlotte | J.R. Reid | North Carolina |
| 6. Chicago (from New Jersey) | Stacey King | Oklahoma |
| 7. Indiana | George McCloud | Florida State |
| 8. Dallas | Randy White | Louisiana Tech |
| 9. Washington | Tom Hammonds | Georgia Tech |
| 10. Minnesota | Pooh Richardson | UCLA |
| 11. Orlando | Nick Anderson | Illinois |
| 12. New Jersey (from Portland) | Mookie Blaylock | Oklahoma |
| 13. Boston | Michael Smith | Brigham Young |
| 14. Golden State | Tim Hardaway | Texas-El Paso |
| 15. Denver | Todd Lichti | Stanford |
| 16. Seattle (from Houston) | Dana Barros | Boston College |
| 17. Seattle (from Philadelphia) | Shawn Kemp | Trinity Valley |
| 18. Chicago | B.J. Armstrong | Iowa |
| 19. Philadelphia (from Seattle) | Kenny Payne | Louisville |
| 20. Chicago (from Milwaukee) | Jeff Sanders | Georgia Southern |
| 21. Utah | Blue Edwards | East Carolina |
| 22. Portland (from New York) | Byron Irvin | Missouri |
| 23. Atlanta | Roy Marble | Iowa |
| 24. Phoenix (1) | Anthony Cook | Arizona |
| 25. Cleveland | John Morton | Seton Hall |
| 26. LA Lakers | Vlade Divac | None (Yugoslavia) |
| 27. Detroit (1) | Kenny Battle | Illinois |
Notes:
(1) Draft rights to Anthony Cook traded by Phoenix to Detroit for Michael Williams and draft rights to Kenny Battle.
