| No. | Player Name | Position | Height | Weight | Birthdate | Education | Seasons | '07-08 Salary |
| 32 | Renaldo Balkman | SF | 6' 8" | 208 | Jul 14, 1984 | South Carolina | 1 | $1,280,640 |
| 21 | Wilson Chandler | SF | 6' 8" | 220 | May 10, 1987 | DePaul | Rookie | $1,091,640 |
| 25 | Mardy Collins | PG | 6' 6" | 220 | Aug 4, 1984 | Temple | 1 | $967,320 |
| 11 | Jamal Crawford | G | 6' 5" | 220 | Mar 20, 1980 | Michigan | 7 | $7,920,000 |
| 34 | Eddy Curry | C | 6' 11" | 285 | Dec 5, 1982 | Thornwood HS (IL) | 6 | $8,947,543 |
| 13 | Jerome James | C | 7' 1" | 280 | Nov 17, 1975 | Florida A&M | 7 | $5,800,000 |
| 20 | Jared Jeffries | SF | 6' 11" | 240 | Nov 25, 1981 | Indiana | 5 | $5,632,200 |
| 2 | Fred Jones | G | 6' 2" | 225 | Mar 11, 1979 | Oregon | 5 | $3,300,000 |
| 42 | David Lee | PF | 6' 9" | 249 | Apr 29, 1983 | Florida | 2 | $990,600 |
| 3 | Stephon Marbury | G | 6' 2" | 205 | Feb 20, 1977 | Georgia Tech | 11 | $19,012,500 |
| 5 | Randolph Morris | C | 6' 11" | 260 | Jan 2, 1986 | Kentucky | 1 | $810,000 |
| 50 | Zach Randolph | PF | 6' 9" | 260 | Jul 16, 1981 | Michigan State | 6 | $13,333,333 |
| 23 | Quentin Richardson | F/G | 6' 6" | 230 | Apr 13, 1980 | DePaul | 7 | $8,105,500 |
| 4 | Nate Robinson | PG | 5' 9" | 180 | May 31, 1984 | Washington | 2 | $1,268,160 |
| 31 | Malik Rose | PF | 6' 7" | 255 | Nov 23, 1974 | Drexel | 11 | $7,101,250 |
| Head Coach: | Isiah Thomas |
| Assistant Coaches: | Herb Williams, Mark Aguirre, Brendan Suhr, Phil Ford, George Glymph, Dave Hanners |
| Trainer: | Roger Hinds |
| Assistant Trainer: | Anthony Goenaga |