The Consensus 1947 College Basketball All-American team, as determined by aggregating the results of three major All-American teams[1]. To earn "consensus" status, a player must win honors from a majority of the following teams: the Helms Athletic Foundation, Converse, and True Magazine.
| Player | Position | Class | Team |
|---|---|---|---|
| Ralph Beard | G | Sophomore | Kentucky |
| Alex Groza | C | Sophomore | Kentucky |
| Ralph Hamilton | G | Senior | Indiana |
| Sid Tannenbaum | G | Senior | New York University |
| Gerry Tucker | C | Senior | Oklahoma |
| Player | Position | Class | Team |
|---|---|---|---|
| Don Barksdale | C | Senior | UCLA |
| Arnie Ferrin | F | Junior | Utah |
| Vern Gardner | C | Senior | Utah |
| John Hargis | G | Senior | Texas |
| George Kaftan | F | Junior | Holy Cross |
| Ed Koffenberger | C | Junior | Duke |
| Andy Phillip | G/F | Senior | Illinois |
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