Round 1 (27 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 1 | SAC | Pervis Ellison | PF | 6-9 / 210 | Louisville | College | Senior |
| 2 | LAC | Danny Ferry | PF | 6-10 / 230 | Duke | College | Senior |
| 3 | SAS | Sean Elliott | SF | 6-8 / 205 | Arizona | College | Senior |
| 4 | MIA | Glen Rice | SF | 6-7 / 215 | Michigan | College | Senior |
| 5 | CHH | J.R. Reid | PF | 6-9 / 247 | North Carolina | College | Junior |
| 6 | CHI | Stacey King | C | 6-11 / 230 | Oklahoma | College | Senior |
| 7 | IND | George McCloud | SF | 6-6 / 205 | Florida State | College | Senior |
| 8 | DAL | Randy White | PF | 6-8 / 240 | Louisiana Tech | College | Senior |
| 9 | WSB | Tom Hammonds | PF | 6-9 / 215 | Georgia Tech | College | Senior |
| 10 | MIN | Pooh Richardson | PG | 6-1 / 180 | UCLA | College | Senior |
| 11 | ORL | Nick Anderson | SG | 6-6 / 205 | Illinois | College | Junior |
| 12 | NJN | Mookie Blaylock | PG | 6-0 / 180 | Oklahoma | College | Senior |
| 13 | BOS | Michael Smith | PF | 6-10 / 220 | BYU | College | Senior |
| 14 | GSW | Tim Hardaway | PG | 6-0 / 175 | Texas-El Paso | College | Senior |
| 15 | DEN | Todd Lichti | SG | 6-4 / 205 | Stanford | College | Senior |
| 16 | SEA | Dana Barros | PG | 5-11 / 203 | Boston College | College | Senior |
| 17 | SEA | Shawn Kemp | PF | 6-10 / 230 | Trinity Valley | College | Freshman |
| 18 | CHI | B.J. Armstrong | PG | 6-2 / 175 | Iowa | College | Senior |
| 19 | PHI | Kenny Payne | SF | 6-8 / 195 | Louisville | College | Senior |
| 20 | CHI | Jeff Sanders | PF | 6-8 / 225 | Georgia Southern | College | Senior |
| 21 | UTA | Blue Edwards | SF | 6-4 / 200 | East Carolina | College | Senior |
| 22 | POR | Byron Irvin | SG | 6-5 / 190 | Missouri | College | Senior |
| 23 | ATL | Roy Marble | SG | 6-6 / 190 | Iowa | College | Senior |
| 24 | PHO | Anthony Cook | PF | 6-9 / 205 | Arizona | College | Senior |
| 25 | CLE | John Morton | SG | 6-3 / 180 | Seton Hall | College | Senior |
| 26 | LAL | Vlade Divac | C | 6-11 / 243 | — | International | — |
| 27 | DET | Kenny Battle | SF | 6-6 / 210 | Illinois | College | Senior |
Round 2 (27 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 28 | MIA | Sherman Douglas | PG | 6-0 / 180 | Syracuse | College | Senior |
| 29 | CHH | Dyron Nix | — | 6-7 / 210 | Tennessee | College | Senior |
| 30 | MIL | Frank Kornet | PF | 6-9 / 225 | Vanderbilt | College | Senior |
| 31 | LAC | Jeff Martin | SG | 6-5 / 195 | Murray State | College | Senior |
| 32 | NJN | Stanley Brundy | PF | 6-6 / 210 | DePaul | College | Senior |
| 33 | LAC | Jay Edwards | SG | 6-4 / 185 | Indiana | College | Sophomore |
| 34 | MIN | Gary Leonard | C | 7-1 / 250 | Missouri | College | Senior |
| 35 | DAL | Pat Durham | SF | 6-7 / 210 | Colorado State | College | Senior |
| 36 | POR | Clifford Robinson | — | — | Connecticut | College | — |
| 37 | ORL | Michael Ansley | PF | 6-7 / 225 | Alabama | College | Senior |
| 38 | MIN | Doug West | SG | 6-6 / 200 | Villanova | College | Senior |
| 39 | WSB | Ed Horton | PF | 6-8 / 230 | Iowa | College | Senior |
| 40 | BOS | Dino Radja | PF | 6-11 / 225 | — | International | — |
| 41 | WSB | Doug Roth | C | 6-11 / 255 | Tennessee | College | Senior |
| 42 | DEN | Michael Cutright | SG | 6-4 / 210 | McNeese State | College | Senior |
| 43 | CLE | Chucky Brown | PF | 6-7 / 214 | N.C. State | College | Senior |
| 44 | PHI | Reggie Cross | PF | 6-8 / 245 | Hawaii | College | Senior |
| 45 | MIA | Scott Haffner | SG | 6-3 / 180 | Evansville | College | Senior |
| 46 | PHO | Ricky Blanton | SF | 6-7 / 215 | Louisiana State | College | Senior |
| 47 | DEN | Reggie Turner | SF | 6-7 / 225 | UAB | College | Senior |
| 48 | UTA | Junie Lewis | PG | 6-1 / 180 | South Alabama | College | Senior |
| 49 | ATL | Haywoode Workman | PG | 6-2 / 180 | Oral Roberts | College | Senior |
| 50 | NYK | Brian Quinnett | SF | 6-8 / 235 | Washington State | College | Senior |
| 51 | PHO | Mike Morrison | SG | 6-4 / 195 | Loyola (Md.) | College | Senior |
| 52 | PHO | Greg Grant | PG | 5-7 / 140 | Trenton State | College | Senior |
| 53 | DAL | Jeff Hodge | SG | 6-2 / 175 | South Alabama | College | Senior |
| 54 | PHI | Toney Mack | SG | 6-4 / 205 | Georgia | College | Junior |
★ = Basketball Hall of Fame