The 1976–77 season was the Portland Trail Blazers' 7th season in the National Basketball Association (NBA). The revamped Blazers would end up getting off to a terrific start winning 22 of their first 29 games. The Blazers won their last 5 games to post a record of 49–33. The Blazers made the playoffs for the first time in franchise history and proceeded to stampede through the postseason. By the time the Blazers had made it to the 1977 NBA Finals, the city of Portland was truly in the grips of "Blazermania". After losing the first two games of the championship series at Philadelphia, the Trail Blazers won four in a row to bring the trophy to Portland. The championship capped the team's first winning season. The Blazers had a remarkable 45–6 record at home, which included a perfect 10–0 mark in the playoffs.

As of 2016, this remains the only NBA Championship in Blazers franchise history, though they did make Finals appearances in 1990 and 1992, but lost to the Detroit Pistons and Chicago Bulls, respectively.

Note: This is not a complete list; only the first three rounds are covered, as well as any other picks by the franchise who played at least one NBA game.

The American Basketball Association joined the NBA with the ABA-NBA merger in 1976. Of the teams remaining in the ABA, four joined the NBA. The two teams, the Kentucky Colonels and Spirits of St. Louis, which folded had their players assigned to a dispersal draft for draft purposes.

Just months earlier, the American Basketball Association had ended its ninth and last campaign and the two leagues combined. Despite the changes, it would become the season of Bill Walton and the Portland Trail Blazers. Walton’s college performance led to predictions that Walton would be pro basketball's next great player. Yet those dreams went largely unfulfilled because of a series of foot injuries that hampered him. But in the 1977 playoffs, a healthy Walton and his teammates found a chemistry that enabled them to beat one of the most talented pro teams ever assembled. For Walton, it wasn't a question of wanting to play but of being able to. Injuries repeatedly interrupted his progress as a pro player. On the court, when he was healthy, he was a key contributor. He missed 17 games over the 1976–77 season; the Blazers lost 12 of them. With Walton in the lineup, the Blazers were 44–21, and their .677 winning percentage during those games was the best in the league. The dispersal of ABA players had been particularly beneficial to the Blazers. Maurice Lucas was simply the most dominating power forward in the game, and his arrival only boosted Walton's effectiveness in the frontcourt. Lucas led the team in scoring at 20.2 points per game and averaged better than 11 rebounds. Coming over with Lucas from the ABA was lead guard Dave Twardzik. He had four pro seasons with the Virginia Squires of the ABA and was a starter in Ramsay's system. Another key contributor was Lionel Hollins, a second-year player out of Arizona State who averaged nearly 15 points per game.

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