Round 1 (9 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 1 | PHW | Ernie Beck | — | — | Pennsylvania | College | — |
| 2 | BLB | Ray Felix | C | 6-11 / 220 | Long Island | College | — |
| 3 | MLH | Bob Houbregs | F/C | 6-7 / 210 | Washington | College | Senior |
| 4 | FTW | Jack Molinas | F | 6-6 / 200 | Columbia | College | Senior |
| 5 | ROC | Richie Regan | G | 6-2 / 180 | Seton Hall | College | Senior |
| 6 | BOS | Frank Ramsey | F | 6-3 / 190 | Kentucky | College | Senior |
| 7 | SYR | Jim Neal | — | — | Wofford | — | — |
| 8 | NYK | Walter Dukes | — | — | Seton Hall | College | — |
| 9 | MNL | Jim Fritsche | — | — | Hamline | College | — |
Round 2 (9 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 10 | PHW | Larry Hennessy | — | — | Villanova | College | — |
| 11 | NYK | Don Ackerman | G | 6-0 / 183 | Long Island | College | — |
| 12 | BLB | Bob Speight | C | — | N.C. State | College | Senior |
| 13 | FTW | George Glasgow | G | — | Fairleigh Dickinson | College | Senior |
| 14 | ROC | Norm Swanson | — | — | Detroit Mercy | College | — |
| 15 | BOS | Chet Noe | F/C | 6-7 / 200 | Oregon | College | Senior |
| 16 | SYR | Dick Knostman | F | 6-6 / 205 | Kansas State | College | Senior |
| 17 | NYK | Nield Gordon | — | — | Furman | College | — |
| 18 | MNL | Ron Feiereisel | G/F | 6-3 / 185 | DePaul | College | Senior |
★ = Basketball Hall of Fame