1992 PBA draft Round 1 Round 1

| Pick | Player | Country_of_origin_ | PBA_team | College |
|---|---|---|---|---|
| 1 | Vergel Meneses | Philippines | Presto Ice Cream | Jose Rizal |
| 2 | Stevenson Solomon | Philippines | Alaska Milkmen | San Sebastian |
| 3 | Joselito Escobar | Philippines | Shell Rimula X | East |
| 4 | Fermin Albert Ramas | Philippines | Purefoods Tender Juicy Hotdogs | Mapua |
| 5 | Ferdinand Ravena, Jr. | Philippines | San Miguel Beermen | East |
| 6 | Enrique Reyes | Philippines | Swift Mighty Meaties | Ateneo de Manila |
| 7 | Allen Sasan | Philippines | Alaska Milkmen | Cebu |
| 8 | Emilio Chuatico, Jr. | Philippines | Ginebra San Miguel | Ateneo de Manila |