Paolo Hubert Banchero (born November 12, 2002; is an Italian-American professional basketball player for the Orlando Magic of the National Basketball Association (NBA).

He played college basketball for the Duke Blue Devils. Following his freshman season, Banchero declared for the 2022 NBA draft, where he was selected with the first overall pick by the Orlando Magic. In 2022, he was named the ACC Rookie of the Year.

Banchero reached a height of 3 feet (0.91 m) at 15 months of age. In his childhood, he played basketball and American football and took part in track.

Banchero was a consensus five-star recruit and one of the top players in the 2021 class. Although he received offers from top NCAA Division I programs, including Duke and Kentucky, most recruiting analysts predicted that he would commit to Washington. Despite the predictions, on August 20, 2020, Banchero committed to playing college basketball for Duke.

After months of speculation, Duke's Paolo Banchero was a surprise selection by the Orlando Magic with the top overall pick in the 2022 NBA draft on Thursday night at Barclays Center.

The Oklahoma City Thunder began a busy first round by taking Gonzaga center Chet Holmgren with the second pick, then acquired 11th pick Ousmane Dieng of France in a trade with the New York Knicks and took Santa Clara's Jalen Williams at No. 12.

In the weeks leading up to the draft, Smith had been widely expected to be the top selection. But the Magic turned things upside down by taking Banchero, who sported a bright purple suit with sequins, along with even brighter shoes, as he took to the stage and shook hands with NBA commissioner Adam Silver.

Banchero, a 6-foot-10 forward from Duke, averaged 17.2 points, 7.8 rebounds and 3.2 assists across 39 games for the Blue Devils, who reached the Final Four before losing to their forever rival in North Carolina. Banchero, who might be the most NBA-ready prospect in this draft, will now be looked to as the anchor of Orlando's nascent rebuild, which includes guards Jalen Suggs and Cole Anthony, forwards Franz Wagner and Jonathan Isaac and center Wendell Carter Jr.

While Banchero was a surprise at No. 1, Holmgren was always expected to go to Oklahoma City with the second pick. A 7-footer from Gonzaga, Holmgren flashed a wide array of skills in his lone season in college, averaging 14.1 points on 60% shooting overall and 39% from 3-point range while grabbing 9.9 rebounds and blocking 3.7 shots in 26.9 minutes across 32 games.

Oklahoma City now has an interior anchor to go with its promising young backcourt of rising star Shai Gilgeous-Alexander and Australian Josh Giddey, the sixth overall pick in last year's draft and a first-team All-Rookie selection.