Round 1 (30 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 1 | MIL | Andrew Bogut | C | 7-0 / 251 | Utah | College | Sophomore |
| 2 | ATL | Marvin Williams | SF/PF | 6-8 / 228 | North Carolina | College | Freshman |
| 3 | UTA | Deron Williams | PG | 6-2 / 202 | Illinois | College | Junior |
| 4 | NOH | Chris Paul | PG | 6-1 / 178 | Wake Forest | College | Sophomore |
| 5 | CHA | Raymond Felton | PG | 6-0 / 199 | North Carolina | College | Junior |
| 6 | POR | Martell Webster | SF | 6-7 / 230 | — | High School | Senior |
| 7 | TOR | Charlie Villanueva | PF/SF | 6-9 / 237 | Connecticut | College | Sophomore |
| 8 | NYK | Channing Frye | PF/C | 6-10 / 244 | Arizona | College | Senior |
| 9 | GSW | Ike Diogu | PF | 6-8 / 255 | Arizona State | College | Junior |
| 10 | LAL | Andrew Bynum | C | 7-0 / 280 | — | High School | Senior |
| 11 | ORL | Fran Vázquez | PF | 6-10 / 230 | — | International | — |
| 12 | LAC | Yaroslav Korolev | SF | 6-9 / 215 | — | International | — |
| 13 | CHA | Sean May | PF | 6-8 / 259 | North Carolina | College | Junior |
| 14 | MIN | Rashad McCants | SG | 6-4 / 201 | North Carolina | College | Junior |
| 15 | NJN | Antoine Wright | SF/SG | 6-6 / 203 | Texas A&M | College | Junior |
| 16 | TOR | Joey Graham | SF | 6-6 / 217 | Oklahoma State | College | Senior |
| 17 | IND | Danny Granger | SF | 6-8 / 225 | New Mexico | College | Senior |
| 18 | BOS | Gerald Green | SG/SF | 6-7 / 192 | — | High School | Senior |
| 19 | MEM | Hakim Warrick | PF | 6-8 / 215 | Syracuse | College | Senior |
| 20 | DEN | Julius Hodge | SG/SF | 6-7 / 202 | N.C. State | College | Senior |
| 21 | PHO | Nate Robinson | PG | 5-9 / 180 | Washington | College | Junior |
| 22 | DEN | Jarrett Jack | PG | 6-3 / 198 | Georgia Tech | College | Junior |
| 23 | SAC | Francisco García | SG/SF | 6-7 / 190 | Louisville | College | Junior |
| 24 | HOU | Luther Head | PG/SG | 6-3 / 179 | Illinois | College | Senior |
| 25 | SEA | Johan Petro | C | 7-1 / 250 | — | International | — |
| 26 | DET | Jason Maxiell | PF | 6-6 / 258 | Cincinnati | College | Senior |
| 27 | POR | Linas Kleiza | SF | 6-8 / 235 | Missouri | College | Sophomore |
| 28 | SAS | Ian Mahinmi | PF | 6-10 / 230 | — | International | — |
| 29 | MIA | Wayne Simien | PF | 6-9 / 256 | Kansas | College | Senior |
| 30 | NYK | David Lee | PF | 6-9 / 230 | Florida | College | Senior |
Round 2 (30 picks)
| Pick | Team | Player | Pos | Ht/Wt | School | Level | Class |
|---|---|---|---|---|---|---|---|
| 31 | ATL | Salim Stoudamire | PG/SG | 6-1 / 190 | Arizona | College | Senior |
| 32 | LAC | Daniel Ewing | PG | 6-1 / 190 | Duke | College | Senior |
| 33 | NOH | Brandon Bass | PF | 6-7 / 252 | Louisiana State | College | Sophomore |
| 34 | UTA | C.J. Miles | SG | 6-6 / 207 | — | High School | Senior |
| 35 | POR | Ricky Sánchez | SF | 6-11 / 215 | — | High School | Senior |
| 36 | MIL | Ersan İlyasova | SF | 6-9 / 209 | — | International | — |
| 37 | LAL | Ronny Turiaf | PF | 6-9 / 238 | Gonzaga | College | Senior |
| 38 | ORL | Travis Diener | PG | 6-1 / 165 | Marquette | College | Senior |
| 39 | LAL | Von Wafer | SG | 6-5 / 210 | Florida State | College | Sophomore |
| 40 | GSW | Monta Ellis | SG/PG | 6-3 / 177 | — | High School | Senior |
| 41 | TOR | Roko Ukić | PG | 6-5 / 185 | — | International | — |
| 42 | GSW | Chris Taft | PF | 6-9 / 261 | Pittsburgh | College | Sophomore |
| 43 | NJN | Mile Ilić | C | 7-1 / 240 | — | International | — |
| 44 | ORL | Martynas Andriuškevičius | C/PF | 7-3 / 228 | — | International | — |
| 45 | PHI | Lou Williams | SG | 6-1 / 175 | — | High School | Senior |
| 46 | IND | Erazem Lorbek | PF | 6-10 / 240 | — | International | — |
| 47 | MIN | Bracey Wright | SG/PG | 6-2 / 187 | Indiana | College | Junior |
| 48 | SEA | Mickaël Gelabale | SF | 6-7 / 210 | — | International | — |
| 49 | WAS | Andray Blatche | PF | 6-11 / 240 | — | High School | Senior |
| 50 | BOS | Ryan Gomes | SF | 6-7 / 245 | Providence | College | Senior |
| 51 | UTA | Robert Whaley | PF/C | 6-9 / 269 | Walsh | College | Senior |
| 52 | DEN | Axel Hervelle | PF | 6-9 / 230 | — | International | — |
| 53 | BOS | Orien Greene | SG | 6-4 / 208 | Louisiana-Lafayette | College | Senior |
| 54 | NYK | Dijon Thompson | SF | 6-8 / 196 | UCLA | College | Senior |
| 55 | SEA | Lawrence Roberts | PF | 6-9 / 240 | Mississippi State | College | Senior |
| 56 | DET | Amir Johnson | PF | 6-10 / 220 | — | High School | Senior |
| 57 | PHO | Marcin Gortat | PF/C | 7-0 / 225 | — | International | — |
| 58 | TOR | Uroš Slokar | PF | 6-10 / 238 | — | International | — |
| 59 | ATL | Cenk Akyol | SG | 6-4 / 195 | — | International | — |
| 60 | DET | Alex Acker | SG | 6-4 / 183 | Pepperdine | College | Junior |
★ = Basketball Hall of Fame