Cavaliers chairman Gordon Gund was all smiles.
Jennifer Pottheiser/NBAE/Getty Images

Cavaliers Win Lottery!
The Cavaliers won the NBA Draft Lottery on May 22, and Cleveland chairman Gordon Gund said afterward his team will select LeBron James at NBA Draft 2003 on June 26. The Detroit Pistons will pick second and the Denver Nuggets are third.
Gordon Gund chat transcript
The 3-2-1 countdown: 56k | 300k
Gund hints at who his team will pick: Play
James, Anthony, Dumars react: Play

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Hidden Gems
There is a bit of reality hidden within the LeBron James-mania and it is this: You donít have to win the lottery to win the draft. From Michael Jordan to Amare Stoudemire, take a look at some NBA superstars who weren't selected No. 1.
Early entry candidates announced
NBA TV: Tiebreakers announced

LOTTERY RESULTS
1. Cleveland Cavaliers
2. Memphis Grizzlies (conveyed to Detroit)
3. Denver Nuggets
4. Toronto Raptors
5. Miami Heat
6. Los Angeles Clippers
7. Chicago Bulls
8. Atlanta Hawks (conveyed to Milwaukee)
9. New York Knicks
10. Washington Wizards
11. Golden State Warriors
12. Seattle SuperSonics
13. Houston Rockets (conveyed to Memphis)

LOTTERY HISTORY
Top Picks Photo Gallery
From Ewing to Yao, check out photos of all the No. 1 draft picks since the lottery was implemented in 1985.
Rookie stats: No. 1 picks

Year-by-Year Probabilities
See the probabilities for each team throughout the history of the lottery.
Year-by-year lottery picks
Top 13 selections since 1980

Evolution of the Lottery
From territorial picks to coin flips to the current system, here's how the lottery evolved.