The 1954 NFL draft was held on January 28, 1954, at The Bellevue-Stratford Hotel in Philadelphia.

This was the eighth year that the first overall pick was a bonus pick determined by lottery. With the previous seven winners ineligible from the draw, only the Baltimore Colts, Chicago Cardinals, Cleveland Browns, Green Bay Packers, and Pittsburgh Steelers had an equal chance of winning. The draft lottery was won by Cleveland, who selected quarterback Bobby Garrett.