Both leagues wanted to control salaries by stamping out competitive bidding by assigning exclusive rights to the team selecting a player.
The players included college stars Jack Smiley, Ralph Hamilton, Harry Boykoff, John Hargis, Frank Brian, and Charlie Black.
The first selection of the draft, Clifton McNeely from Texas Wesleyan University, did not play in the BAA.
Three players from this draft, Harry Gallatin, Andy Phillip and Jim Pollard, have been inducted to the Basketball Hall of Fame.
[6] Wataru Misaka, selected by the New York Knicks,[7] made the team's final roster and became the first person of color to play in modern professional basketball, just months after the Major League Baseball color line had been broken by the Brooklyn Dodgers' Jackie Robinson.