| Overall | Team | Player |
|---|---|---|
| 1 | Seals | Calder, Kyle |
| 2 | Black Hawks | Blackburn, Dan |
| 3 | Nordiques | Renberg, Mikael |
| 4 | Tigers | Jillson, Jeff |
| 5 | Canadiens | Bouwmeester, Jay |
| 6 | Whalers | Reichel, Robert |
| 7 | Scouts | Petrovicky, Ronald |
| 8 | Pirates | Datsyuk, Pavel |
| 9 | Barons | Ferguson, Scott |
| 10 | Flames | |
| 11 | Jets | White, Todd |
| 12 | Maroons | |
| 13 | Maple Leafs | Huselius, Kristian |
| 14 | Senators | Sekeras, Lubomir |
| 15 | Black Hawks (from Bruins) | |
| 16 | Canadiens (from Rangers) | Hudler, Jiri |
| 17 | Eagles | |
| 18 | Black Hawks (from Red Wings) | |
| 19 | Black Hawks (from Rockies) | |
| 20 | North Stars | Kronwall, Niklas |
| Overall | Team | Player |
|---|---|---|
| 21 | Seals | Keefe, Sheldon |
| 22 | Black Hawks | |
| 23 | Nordiques | Neckar, Stanislav |
| 24 | Jets (from Tigers) | Johnson, Craig |
| 25 | Canadiens | Upshall, Scottie |
| 26 | Whalers | Berard, Bryan |
| 27 | Scouts | Olvestad, Jimmie |
| 28 | Pirates | Kuba, Filip |
| 29 | Barons | Fitzgerald, Tom |
| 30 | Rangers (from Flames) | |
| 31 | Jets | Kolanos, Krys |
| 32 | Maroons | |
| 33 | Maple Leafs | Miller, Ryan |
| 34 | Senators | Olausson, Fredrik |
| 35 | Black Hawks (from Bruins) | |
| 36 | Rangers | |
| 37 | Eagles | |
| 38 | Red Wings | Dopita, Jiri |
| 39 | Rockies | Boucher, Philippe |
| 40 | North Stars | Kopecky, Tomas |
| Overall | Team | Player |
|---|---|---|
| 41 | Seals | Alexeev, Nikita |
| 42 | Black Hawks | |
| 43 | Nordiques | Arkhipov, Denis |
| 44 | Tigers | Nash, Rick |
| 45 | Canadiens | Chistov, Stanislav |
| 46 | Tigers (from Whalers) | Rita, Jani |
| 47 | Scouts | Asham, Arron |
| 48 | Pirates | Rheaume, Pascal |
| 49 | Barons | Strudwick, Jason |
| 50 | Flames | Mitchell, Willie |
| 51 | Jets | Willsie, Brian |
| 52 | Maroons | |
| 53 | Maple Leafs | Zetterberg, Henrik |
| 54 | Senators | Bryzgalov, Ilya |
| 55 | Bruins | Erskine, John |
| 56 | Canadiens (from Rangers) | Yevseyev, Vladislav |
| 57 | Eagles | |
| 58 | Red Wings | Roloson, Dwayne |
| 59 | Red Wings (from Rockies) | Walz, Wes |
| 60 | North Stars | Johansson, Andreas |
| Overall | Team | Player |
|---|---|---|
| 61 | Seals | Auld, Alex |
| 62 | Black Hawks | |
| 63 | Nordiques | Sopel, Brent |
| 64 | Whalers (from Tigers) | Tellqvist, Mikael |
| 65 | Canadiens | Hossa, Marcel |
| 66 | Whalers | Torres, Raffi |
| 67 | Scouts | Pettinger, Matt |
| 68 | Pirates | Brown, Sean |
| 69 | Barons | Patrick, James |
| 70 | Flames | Sjostrom, Fredrik |
| 71 | Jets | Belanger, Eric |
| 72 | Maroons | |
| 73 | Maple Leafs | Ribeiro, Mike |
| 74 | Senators | Sutton, Andy |
| 75 | Bruins | Hagman, Niklas |
| 76 | Rangers | |
| 77 | Maple Leafs (from Eagles) | Hilbert, Andy |
| 78 | Red Wings | Richer, Stephane |
| 79 | Black Hawks (from Rockies) | |
| 80 | North Stars | Markkanen, Jussi |
| Overall | Team | Player |
|---|---|---|
| 81 | Seals | Koreis, Jakub |
| 82 | Black Hawks | |
| 83 | Nordiques | Boyle, Dan |
| 84 | Tigers | Ruutu, Tuomo |
| 85 | Canadiens | Lehtonen, Kari |
| 86 | Whalers | Hamhuis, Dan |
| 87 | Scouts | Kallio, Tomi |
| 88 | Tigers (from Pirates) | Semenov, Alexei |
| 89 | Barons | Martinek, Radek |
| 90 | Flames | |
| 91 | Jets | McDonald, Andy |
| 92 | Maroons | |
| 93 | Maple Leafs | Pitkanen, Joni |
| 94 | Senators | Lilja, Andreas |
| 95 | Black Hawks (from Bruins) | |
| 96 | Rangers | |
| 97 | Maple Leafs (from Eagles) | Babchuk, Anton |
| 98 | Red Wings | Benysek, Ladislav |
| 99 | Rockies | Webb, Steve |
| 100 | North Stars | Erat, Martin |
| Overall | Team | Player |
|---|---|---|
| 101 | Seals | Zigomanis, Mike |
| 102 | Black Hawks | |
| 103 | Nordiques | Dupuis, Pascal |
| 104 | Tigers | Vorobiev, Pavel |
| 105 | Canadiens | Balej, Jozef |
| 106 | Whalers | Ott, Steve |
| 107 | Scouts | Pahlsson, Samuel |
| 108 | Tigers (from Pirates) | Hainsey, Ron |
| 109 | Barons | Taylor, Tim |
| 110 | Flames | Nielsen, Chris |
| 111 | Jets | Murray, Marty |
| 112 | Maroons | |
| 113 | Maple Leafs | Cammalleri, Michael |
| 114 | Senators | Hendrickson, Darby |
| 115 | Bruins | |
| 116 | Rangers | |
| 117 | Maple Leafs (from Eagles) | Drouin-Deslauriers, Jeff |
| 118 | Red Wings | Robidas, Stephane |
| 119 | Rockies | Hrkac, Tony |
| 120 | North Stars | Avery, Sean |