| Overall | Team | Player |
|---|---|---|
| 1 | Black Hawks (from Rockies) | Bouchard, Pierre-Marc |
| 2 | Whalers | Lupul, Joffrey |
| 3 | Black Hawks | Gionta, Brian |
| 4 | Canadiens (from Seals) | Ovechkin, Alex |
| 5 | Black Hawks (from Pirates) | Papineau, Justin |
| 6 | Nordiques | |
| 7 | Rangers | Ciger, Zdeno |
| 8 | Maroons | |
| 9 | Canadiens | Whitney, Ryan |
| 10 | Red Wings | Kamensky, Valeri |
| 11 | Barons | Lachance, Scott |
| 12 | Senators | Jonsson, Hans |
| 13 | Flames | |
| 14 | Maple Leafs | Zherdev, Nikolai |
| 15 | Scouts | |
| 16 | Maple Leafs (from Eagles) | Schultz, Nick |
| 17 | North Stars | Bykov, Dmitri |
| 18 | Tigers | Kobasew, Chuck |
| 19 | Black Hawks (from Bruins) | Fedorov, Fedor |
| 20 | Jets | Frolov, Alexander |
| Overall | Team | Player |
|---|---|---|
| 21 | Whalers | Taticek, Petr |
| 22 | Pirates | Robinson, Nathan |
| 23 | Black Hawks | Hemsky, Ales |
| 24 | Black Hawks (from Seals) | Piros, Kamil |
| 25 | Rockies | Roest, Stacy |
| 26 | Nordiques | Bradley, Matt |
| 27 | Rangers | Tenkrat, Petr |
| 28 | Maroons | |
| 29 | Canadiens | Koltsov, Kirill |
| 30 | Red Wings | Helmer, Bryan |
| 31 | Black Hawks (from Barons) | Kapanen, Niko |
| 32 | Senators | Horcoff, Shawn |
| 33 | Flames | |
| 34 | Maple Leafs | Petersen, Toby |
| 35 | Scouts | |
| 36 | Maple Leafs (from Eagles) | Michalek, Milan |
| 37 | North Stars | Slater, Jim |
| 38 | Tigers | Leopold, Jordan |
| 39 | Bruins | |
| 40 | Jets | Cajanek, Petr |
| Overall | Team | Player |
|---|---|---|
| 41 | Whalers | Nystrom, Eric |
| 42 | Seals (from Pirates) | Hahl, Riku |
| 43 | Barons (from Black Hawks) | Knyazev, Igor |
| 44 | Senators (from Seals) | |
| 45 | Rockies | McCarthy, Sandy |
| 46 | Nordiques | Thoresen, Patrick |
| 47 | Rangers | Park, Richard |
| 48 | Maroons | |
| 49 | Canadiens | Ballard, Keith |
| 50 | Red Wings | Bylsma, Dan |
| 51 | Barons | Nichol, Scott |
| 52 | Senators | |
| 53 | Flames | |
| 54 | Maple Leafs | Jackman, Barret |
| 55 | Tigers (from Scouts) | O'Sullivan, Patrick |
| 56 | Maple Leafs (from Eagles) | Coburn, Braydon |
| 57 | Bruins (from North Stars) | |
| 58 | North Stars (from Tigers) | Clark, Chris |
| 59 | Bruins | |
| 60 | Flames (from Jets) |
| Overall | Team | Player |
|---|---|---|
| 61 | Whalers | Boyes, Brad |
| 62 | Pirates | Gleason, Tim |
| 63 | Pirates (from Black Hawks) | Ustrnul, Libor |
| 64 | Tigers (from Seals) | Leclaire, Pascal |
| 65 | Black Hawks (from Rockies) | Pilar, Karel |
| 66 | Nordiques | Huml, Ivan |
| 67 | Rangers | Tarnstrom, Dick |
| 68 | Maroons | |
| 69 | Flames (from Canadiens) | |
| 70 | Red Wings | Dubinsky, Steve |
| 71 | Barons | Timander, Mattias |
| 72 | Seals (from Senators) | Tallinder, Henrik |
| 73 | Flames | |
| 74 | Maple Leafs | Trepanier, Pascal |
| 75 | Scouts | Ouellet, Maxime |
| 76 | Maple Leafs (from Eagles) | Larsen, Brad |
| 77 | North Stars | Reid, Brandon |
| 78 | North Stars (from Tigers) | Smirnov, Alexei |
| 79 | Bruins | |
| 80 | Jets | Radivojevic, Branko |
| Overall | Team | Player |
|---|---|---|
| 81 | Whalers | Eminger, Steve |
| 82 | Pirates | Yonkman, Nolan |
| 83 | Barons (from Black Hawks) | Tjarnqvist, Daniel |
| 84 | Tigers (from Seals) | Yakubov, Mikhail |
| 85 | Tigers (from Rockies) | Volchenkov, Anton |
| 86 | Nordiques | Prusek, Martin |
| 87 | Rangers | Kurtz, Justin |
| 88 | Maroons | |
| 89 | Canadiens | Novotny, Jiri |
| 90 | Red Wings | Manderville, Kent |
| 91 | Barons | Classen, Greg |
| 92 | Senators | |
| 93 | Flames | |
| 94 | Maple Leafs | Duchesne, Steve |
| 95 | Black Hawks (from Scouts) | Nedorost, Andrej |
| 96 | Maple Leafs (from Eagles) | |
| 97 | North Stars | Johansson, Jonas |
| 98 | Whalers (from Tigers) | Semin, Alexander |
| 99 | North Stars (from Bruins) | Wallin, Niclas |
| 100 | Jets | Somik, Radovan |
| Overall | Team | Player |
|---|---|---|
| 101 | Whalers | Steen, Alexander |
| 102 | Pirates | Vernarsky, Kris |
| 103 | Red Wings (from Black Hawks) | Kucera, Frantisek |
| 104 | Black Hawks (from Seals) | Chimera, Jason |
| 105 | Tigers (from Rockies) | Berglund, Christian |
| 106 | Nordiques | Foster, Kurtis |
| 107 | Pirates (from Rangers) | LaRose, Chad |
| 108 | Maroons | |
| 109 | Canadiens | Drtina, Jiri |
| 110 | Red Wings | White, Peter |
| 111 | Barons | Trepanier, Pascal (II) |
| 112 | Senators | |
| 113 | Flames | |
| 114 | Maple Leafs | |
| 115 | Black Hawks (from Scouts) | Taffe, Jeff |
| 116 | Maple Leafs (from Eagles) | |
| 117 | North Stars | Umberger, R.J. |
| 118 | Tigers | Sutherby, Brian |
| 119 | Seals (from Bruins) | Beaudoin, Eric |
| 120 | Jets | Arnason, Tyler |