The NBA Draft has two rounds. In the first round, teams select one player from a pool of college and international players based on their win-loss record and a lottery system. In the second round, teams can continue selecting players in the same manner but may use their picks for different purposes such as trades or development in their minor league system. The draft is crucial for teams looking to improve their rosters and build towards long-term success.

The NBA Draft typically has two rounds.
In the first round, each team is allowed to select one player from a pool of college and international players who have declared themselves eligible for the draft. The order in which teams select players is determined by a combination of their win-loss record from the previous season and a lottery system.
In the second round, teams can continue to select players in the same manner as the first round. However, there are some differences between the two rounds. For example, players selected in the second round may not be as highly touted or talented as those selected in the first round. Additionally, teams may use their second-round picks to trade for other assets or to select players who they believe can contribute to their organization in different ways, such as through development in their minor league system or as potential trade chips.
Overall, while the NBA Draft only has two rounds, it remains an important event for teams looking to improve their rosters and build towards long-term success.