| PK(OVR) | TEAM | NOTES |
| 1(1) | Houston | |
| 2(2) | Chicago | |
| 3(3) | Golden State | |
| 4(4) | Memphis | |
| 5(5) | Denver | |
| 6(6) | Cleveland | |
| 7(7) | Denver | from New York [and Marcus Camby, Mark Jackson] for Antonio McDyess, the No. 25 pick and a 2003 second-round pick |
| 8(8) | LA | from Atlanta |
| 9(9) | Phoenix | |
| 10(10) | Miami | |
| 11(11) | Washington | |
| 12(12) | LA | |
| 13(13) | Milwaukee | |
| 14(14) | Indiana | |
| 15(15) | Houston | from Toronto |
| 16(16) | Golden State | from Philadelphia for a future first-round pick and a future first- or second-round pick |
| 17(17) | Washington | from New Orleans |
| 18(18) | Utah | from Orlando for No. 19 and No. 47 |
| 19(19) | Orlando | from Utah [and No. 47] for No. 18 |
| 20(20) | LA Lakers | from Toronto [and Tracy Murray] for No. 27 and Lindsey Hunter |
| 21(21) | Portland | |
| 22(22) | Phoenix | from Boston |
| 23(23) | Detroit | |
| 24(24) | Brooklyn | |
| 25(25) | New York | from Denver [and Antonio McDyess and a 2003 second-round pick] for No. 7 pick, Marcus Camby and Mark Jackson; from Dallas |
| 26(26) | Philadelphia | from San Antonio [and No. 57 and Mark Bryant] for Speedy Claxton |
| 27(27) | Toronto | from Lakers [and Lindsey Hunter] for No. 20 and Tracy Murray |
| 28(28) | Atlanta | from Sacramento for a future first-round pick |
