The league determined the drafting order based on the performance of the member teams from the 2022–23 season, with the worst team, the Terrafirma Dyip, picking first.

[1] The rules for the PBA draft were revised and adopted starting from Season 48.

Among the changes were:[2] The draft order was determined based on the overall performance of the teams from the previous season.

[3] A twelfth round was held, but NorthPort passed, thus ending the draft.

Converge retained the right to Alaska's second-round picks.