The 1996 NBA Draft was the 50th draft in the National Basketball Association (NBA). It was held on June 26, 1996 in East Rutherford, New Jersey. The draft was broadcast in the United States on the Turner Network Television. In this draft, NBA teams took turns selecting basketball players and other first-time eligible players, such as players from high schools and non-North American leagues. The Vancouver Grizzlies had the highest probability to win the NBA Draft Lottery, but since they were an expansion team along with the Toronto Raptors, they were not allowed to select first in this draft. The team with the second highest probability, the Philadelphia 76ers won the lottery and obtained the first selection. The Toronto Raptors and the Vancouver Grizzlies were second and third respectively.

Allen Iverson, a sophomore from Georgetown, was selected first overall by the Philadelphia 76ers.

It is widely considered to be one of the deepest and most talented NBA drafts in history, with over one-third of the first round picks later becoming NBA All-Stars. It produced three players that won NBA MVP awards (Kobe Bryant, Allen Iverson, Steve Nash) and seven other All-Stars (Shareef Abdur-Rahim, Ray Allen, Žydrūnas Ilgauskas, Stephon Marbury, Jermaine O'Neal, Peja Stojaković, Antoine Walker), for a grand total of ten All-Stars from the draft class. Moreover, eight players from this draft class have been named to at least one All-NBA Team, the most among any draft. The draft class also produced two players who have been named to the NBA's all-defensive first team: Kobe Bryant and Marcus Camby, with the latter also winning the Defensive Player of the Year Award in 2007.

The NBA Draft is an annual event in which the thirty teams from the National Basketball Association (NBA) can draft players who are eligible and wish to join the league. These players are usually amateur U.S. college basketball players, but international players are also eligible to be drafted. College players who have finished their four-year college eligibility are automatically eligible for selection, while the underclassmen have to declare their eligibility and give up their remaining college eligibility. International players who are at least 22 years old are automatically eligible for selection, while the players younger than 22 have to declare their eligibility. Players who are not automatically eligible but have declared their eligibility are often called "early-entrants" or "early-entry candidates". The Draft usually takes place at the end of June, during the NBA off-season. The Draft consists of two rounds with a total of sixty players to be selected.

In the past, high school players were also eligible to be selected. However, starting in the 2006 Draft, high school players were not eligible to enter the draft directly after graduating high school. The rules now state that high school players will gain eligibility for draft selection one year after their high school graduation and they must also be at least 19 years old as of the end of the calendar year of the draft. Contrary to popular belief, they do not necessarily have to have at least one year of college basketball (as some players have chosen to use that year to play professionally in Europe for example).

Kobe Bean Bryant (born August 23, 1978) is an American professional basketball player who plays shooting guard for the Los Angeles Lakers of the National Basketball Association (NBA). Bryant enjoyed a successful high school basketball career at Lower Merion High School, where he was recognized as the top high school basketball player in the country. He decided to declare his eligibility for the NBA Draft upon graduation, and was selected with the 13th overall pick in the 1996 NBA Draft by the Charlotte Hornets, then traded to the Los Angeles Lakers. As a rookie, Bryant earned himself a reputation as a high-flyer and a fan favorite by winning the 1997 Slam Dunk Contest.

Bryant and Shaquille O'Neal led the Lakers to three consecutive NBA championships from 2000 to 2002. A heated feud between the duo and a loss in the 2004 NBA Finals was followed by O'Neal's trade from the Lakers after the 2003–04 season. Following O'Neal's departure Bryant became the cornerstone of the Los Angeles Lakers franchise. He led the NBA in scoring during the 2005–06 and 2006–07 seasons, setting numerous scoring records in the process. In 2006, Bryant scored a career-high 81 points against the Toronto Raptors, the second most points scored in a single game in NBA history, second only to Wilt Chamberlain's 100-point game in 1962. He was awarded the regular season's Most Valuable Player Award (MVP) in 2008. After losing in the 2008 NBA Finals, Bryant led the Lakers to two consecutive championships in 2009 and 2010, earning the NBA Finals MVP Award on both occasions.

Allen Ezail Iverson (born June 7, 1975) is an American professional basketball player, playing both the point guard and shooting guard positions. Iverson attended Bethel High School and was a dual-sport athlete; he earned The Associated Press High School Player of the Year award in both football and basketball, and won the Division AAA Virginia State Championship in both sports. After high school, Iverson attended Georgetown University for two years, where he set the school record for career scoring average (22.9 points per game) and won Big East Defensive Player of the Year awards both years.

Following two successful years at Georgetown, Iverson declared eligibility for the 1996 NBA Draft, and was selected by the Philadelphia 76ers with the number one pick. He was named the NBA Rookie of the Year in the 1996–97 season. Iverson is an eleven-time NBA All-Star which includes winning the All-Star MVP award in 2001 and 2005.

Winning the NBA scoring title during the 1998–99, 2000–01, 2001–02 and 2004–05 seasons, Iverson was one of the most prolific scorers in NBA history, despite his small stature (listed at 6 feet, 0 inches). His regular season career scoring average of 26.7 points per game ranks sixth all-time, and his playoff career scoring average of 29.7 points per game is second only to Michael Jordan. Iverson was also the NBA Most Valuable Player of the 2000–01 season and led his team to the 2001 NBA Finals the same season. Iverson represented the United States at the 2004 Summer Olympics, winning the bronze medal. He also played for the Denver Nuggets, Detroit Pistons and the Memphis Grizzlies, before returning to the 76ers for part of the 2009–10 season.

Antoine Devon Walker (born August 12, 1976, in Chicago, Illinois) is an American former professional basketball forward. He was drafted with the sixth overall pick in the 1996 NBA Draft out of the University of Kentucky and played in the NBA from 1996 to 2008.

Walker attended Mount Carmel High School, where he played with future NFL quarterback Donovan McNabb and attained all-state status as a senior, earning a full scholarship to play for Rick Pitino at the University of Kentucky. He was a starting forward on the Wildcats' 1996 NCAA Men's Division I Basketball Championship-winning team. As a freshman at Kentucky he was named SEC Tournament MVP. In his sophomore year, Walker was named All-SEC First, All-SEC Tournament and to the All-NCAA Regional Teams.

After his sophomore season he declared for the 1996 NBA Draft and was picked sixth overall by the Boston Celtics. In the 1996–1997 season, Walker made the All-Rookie 1st Team and led the team in scoring (17.5 ppg) and rebounds (9.0). However, the team had its worst season in franchise history, 15–67. The following season, Walker made the All-Star team as a reserve while averaging 22.4 ppg and 10.2 rpg. He also scored a career-high 49 points in a loss against the Washington Wizards. The Celtics posted another bad record: 36–46. In the '98 draft, the Celtics had the 10th pick and chose swing man Paul Pierce. The next few years, Pierce and Walker were the 1–2 punch for the Celtics. In the 2001–2002 season, Walker had his best overall season by helping lead the Celtics to a 49–33 record and their first playoff berth in 7 years. He was second in his team in scoring (22.0 ppg), first in rebounds (9 rpg), and 1st in assists, (5.0 apg). Pierce and Walker took the team all the way to the Eastern Conference Finals where they fell to the New Jersey Nets in 6 games. The next season, Walker made his 3rd All-Star team.