| 1 | 1 | | PF |  United Statessortname|Tyson|ChandlerNotable undrafted playersThese players were not selected in the draft but have played at least one game in the NBA.
| Player | Position | Nationality | School/club team | | PG | | FIU | | G | United Statessortname|Tierre|BrownEarly entrantsCollege underclassmenThis year would officially mark the very first year where the number of underclassmen that declared their entry into the NBA draft would exceed the number of selections made with 75 players that fit the underclassmen criteria declaring their initial entry for the NBA draft. However, it would also mark the largest number of dropped players yet with 23 of those players either coming from college or overseas deciding to withdraw from the draft for one reason or another. The following college basketball players successfully applied for early draft entrance.
- Gilbert Arenas – G, Arizona
- Brandon Armstrong – G, Pepperdine
- Malcolm Battles – F, Point Mark
- Tavorris Bell – F, Rhode Island
- Preston Bennett – F, Grayson
- Michael Bradley – F, Villanova
- Jamison Brewer – G, Auburn
- Kedrick Brown – F, Okaloosa-Walton CC
- SirValiant Brown – G, George Washington
- Nick Burwell – G, Orange Coast
- Jason Collins – C, Stanford
- Omar Cook – G, St. John's
- Samuel Dalembert – C/F, Seton Hall
- Maurice Evans – G, Texas
- Benjamin Eze – F, Southern Idaho
- Alton Ford – F, Houston
- Joseph Forte – G, North Carolina
- Jerry Green – G, UC Irvine
- Eddie Griffin – F, Seton Hall
- Rob Griffin – F, Kentucky Wesleyan
- Trenton Hassell – G, Austin Peay
- Kirk Haston – F, Indiana
- Draper Housley – G, Lee College
- Steven Hunter – C/F, DePaul
- Richard Jefferson – F, Arizona
- Joe Johnson – F/G, Arkansas
- D. A. Layne – G, Georgia
- Zach Marbury – G, Rhode Island
- Jamario Moon – F, Meridian
- Troy Murphy – F, Notre Dame
- Zach Randolph – F, Michigan State
- Jason Richardson – G, Michigan State
- Kenny Satterfield – G, Cincinnati
- Bobby Simmons – F, DePaul
- Will Solomon – G, Clemson
- Clifton Terry – F, Kennedy–King
- Gerald Wallace – F/G, Alabama
- Rodney White – F, Charlotte
- Michael Wright – F, Arizona
This would be the seventh straight year in a row where at least one high school player would declare their entry into the NBA draft directly out of high school after previously only allowing it one time back in 1975. This year would also mark the year with the highest amount of players coming directly out of high school yet with six players deciding to make the jump into an opportunity at the NBA. Not only that, but it marked the first time that a high schooler would be taken as the #1 pick of the NBA draft. The following high school players successfully applied for early draft entrance.
The following international players successfully applied for early draft entrance.
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