| First Round | Player | College |
| 1. Orlando | Shaquille O'Neal | Louisiana State |
| 2. Charlotte | Alonzo Mourning | Georgetown |
| 3. Minnesota | Christian Laettner | Duke |
| 4. Dallas | Jimmy Jackson | Ohio State |
| 5. Denver | LaPhonso Ellis | Notre Dame |
| 6. Washington | Tom Gugliotta | North Carolina State |
| 7. Sacramento | Walt Williams | Maryland |
| 8. Milwaukee | Todd Day | Arkansas |
| 9. Philadelphia | Clarence Weatherspoon | Southern Mississippi |
| 10. Atlanta | Adam Keefe | Stanford |
| 11. Houston | Robert Horry | Alabama |
| 12. Miami | Harold Miner | USC |
| 13. Denver (from N.J.) | Bryant Stith | Virginia |
| 14. Indiana | Malik Sealy | St. John's |
| 15. LA Lakers | Anthony Peeler | Missouri |
| 16. LA Clippers | Randy Woods | La Salle |
| 17. Seattle | Doug Christie | Pepperdine |
| 18. San Antonio (1) | Tracy Murray | UCLA |
| 19. Detroit (2) | Don MacLean | UCLA |
| 20. New York | Hubert Davis | North Carolina |
| 21. Boston | Jon Barry | Georgia Tech |
| 22. Phoenix | Oliver Miller | Arkansas |
| 23. Milwaukee (from Utah) | Lee Mayberry | Arkansas |
| 24. Golden State | Latrell Sprewell | Alabama |
| 25. LA Clippers (from Cle.) | Elmore Spencer | Nevada-Las Vegas |
| 26. Portland | David Johnson | Syracuse |
| 27. Chicago | Byron Houston | Oklahoma State |
Notes:
(1) Draft rights traded by San Antonio to Portland in a three-way deal that included Dale Ellis going from Milwaukee to San Antonio and Alaa Abdelnaby going from Portland to Milwaukee.
(2) Draft rights traded by Detroit with William Bedford to Los Angeles Clippers for Olden Polynice and 1996 and 1997 second-round draft choices.
