The 1988 Philippine Basketball Association (PBA) rookie draft was an event at which teams drafted players from the amateur ranks. The draft was held on February 29, 1988.

Round 1 Pick Player Country of origin* PBA team College 1 Jack Tanuan Purefoods Hotdogs Far Eastern 2 Ronnie Magsanoc Shell Helix UP Diliman 3 Anthony Poblador Ginebra San Miguel De La Salle 4 Adriano Polistico Alaska Milk Letran 5 Eric Altamirano Great Taste Instant Milk UP Diliman

Round 2 Pick Player Country of origin* PBA team College 1 Joel Santos Purefoods Hotdogs San Beda 2 Aurelio Jalmasco Shell Helix FEATI 3 Reynaldo Yncierto Alaska Milk Cebu Central 4 Demetrio Antonio Shell Helix

Undrafted players Leoncio Tan, Jr Joseph Uichico

Direct-hire rookies The PBA's newest ballclub Purefoods Hotdogs signed Glenn Capacio from FEU, Jerry Codiñera from UE, Jojo Lastimosa from San Jose-Recoletos and Alvin Patrimonio from Mapua as direct rookie free agents.

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