1976 ABA dispersal draft

[1] The team that made a selection paid for the signing rights to the player, which were set by the league's committee.

The Chicago Bulls used the first pick to select the Colonels' five-time ABA All-Star Artis Gilmore with a signing price of $1,100,000.

The Portland Trail Blazers, who acquired the Atlanta Hawks' second pick, selected Maurice Lucas from the Colonels and Moses Malone from the Spirits with signing price of $300,000 and $350,000 respectively.

Marvin Barnes from the Spirits of St. Louis, who was selected fourth by the Detroit Pistons, was the second most expensive player in the draft with a signing price of $500,000.

Ron Thomas from the Colonels, who was selected ninth by the Houston Rockets, but he ultimately became the only ABA player drafted to not play a single game in the NBA at all.