2008 PBA draft
The 2008 Philippine Basketball Association rookie draft was an event at which teams drafted players from the amateur ranks. The event was held at Market! Market! in Taguig City on August 31, 2008. The Rain or Shine Elasto Painters selected Gabe Norwood of the George Mason University as the number one draft pick. Players applied for the draft had undergone a two-day rookie camp.
Round 1
| Pick | Player | Country of origin* | PBA team | College |
| 1 | Gabe Norwood* | Rain or Shine Elasto Painters | George Mason | |
| 2 | Jared Dillinger# | Talk 'N Text Phone Pals | Hawaii | |
| 3 | Jayson Castro * | Talk 'N Text Phone Pals | PCU | |
| 4 | Robert Reyes | Talk 'N Text Phone Pals | Flagler | |
| 5 | Solomon Mercado# | Alaska Aces | Biola | |
| 6 | Mark Borboran | Air21 Express | UE | |
| 7 | Beau Belga# | Purefoods Tender Juicy Giants | PCU | |
| 8 | Bonbon Custodio | San Miguel Beermen | UE | |
| 9 | Larry Rodriguez | Red Bull Barako | PMI | |
| 10 | Kelvin Gregorio | Sta. Lucia Realtors | UE |
Round 2
Undrafted players
Draft-day trades
- Jay Washington was traded to the San Miguel Beermen for the rights of Talk 'N Text's third overall pick and Jeff Chan
Off-season trades
- Joe Devance and 2 second-round picks was traded to Alaska Aces for Solomon Mercado & Eddie Laure
Note