The 1992 Major League Baseball draft took place on June 1, 1992, through a conference call involving all 28 MLB teams of the time. Phil Nevin of Cal State Fullerton was the first overall selection, chosen by the Houston Astros. Derek Jeter, selected for the National Baseball Hall of Fame in January 2020, was selected by the New York Yankees with the sixth selection. In addition to Nevin, Paul Shuey, B. J. Wallace, Jeffrey Hammonds, and Chad Mottola were selected ahead of Jeter.

Phillip Joseph Nevin is an American professional baseball player, coach, and manager. He was the manager for the Los Angeles Angels of Major League Baseball (MLB). He played in MLB for 12 seasons, appearing in 1,217 games played between 1995 and 2006 for the Houston Astros, Detroit Tigers, Anaheim Angels, San Diego Padres, Texas Rangers, Chicago Cubs and Minnesota Twins. He has previously served as a coach in MLB for the San Francisco Giants and New York Yankees.