The 2012 Philippine Basketball Association (PBA) rookie draft was an event held at Robinson's Midtown Mall in Ermita, Manila on August 19, 2012[1] which allowed PBA teams to draft players from the amateur ranks.

The remaining first-round picks and the second-round picks were assigned to teams in reverse order of their cumulative win–loss record in the previous season, with records from the Philippine Cup having heavier weight.

The lottery was held on July 22, 2012, during halftime of Game 1 of the 2012 PBA Governors Cup Finals at the Smart Araneta Coliseum in Quezon City.

Note: Air21, Alaska, Petron Blaze, and Talk 'N Text passed in this round.

Note: Barako Bull, Meralco, Rain or Shine and B-Meg passed in this round.