| Overall | Team | Player |
|---|---|---|
| 1 | Senators (from Jets) | Bochenski, Brandon |
| 2 | Rockies | Price, Carey |
| 3 | Senators (from Bruins) | Balastik, Jaroslav |
| 4 | Maroons | |
| 5 | Red Wings (from Nordiques) | Conklin, Ty |
| 6 | Pirates | Welch, Noah |
| 7 | Flames | Budaj, Peter |
| 8 | Tigers | Frolik, Michael |
| 9 | Barons | Aubin, Jean-Sebastien |
| 10 | Tigers (from Red Wings) | Staal, Marc |
| 11 | Scouts | Skille, Jack |
| 12 | Barons (from Seals) | Labarbera, Jason |
| 13 | Rangers (from Senators) | Johnson, Ryan |
| 14 | Whalers | Rask, Tuukka |
| 15 | Americans | |
| 16 | Senators (from Black Hawks) | Jokinen, Jussi |
| 17 | Canadiens | Setoguchi, Devin |
| 18 | Rockies (from Rangers) | Bourque, Rene |
| 19 | Maple Leafs | Nokelainen, Petteri |
| 20 | North Stars | Franzen, Johan |
| Overall | Team | Player |
|---|---|---|
| 21 | Tigers (from Jets) | Johnson, Erik |
| 22 | Black Hawks (from Rockies) | Tavares, John |
| 23 | Black Hawks (from Bruins) | Green, Mike (II) |
| 24 | Senators (from Maroons) | Danis, Yann |
| 25 | Senators (from Nordiques) | Earl, Robbie |
| 26 | Pirates | Ouellet, Michel |
| 27 | Flames | Hanzal, Martin |
| 28 | Whalers (from Tigers) | Lee, Brian |
| 29 | Barons | McArdle, Kenndal |
| 30 | Red Wings | Plante, Tyler |
| 31 | Scouts | Dubnyk, Devan |
| 32 | Rangers (from Seals) | Clemmensen, Scott |
| 33 | Senators | Immonen, Jarkko |
| 34 | Whalers | Bourdon, Luc |
| 35 | Americans | |
| 36 | Black Hawks | Cogliano, Andrew |
| 37 | Canadiens | Pokulok, Sasha |
| 38 | Rangers | Hedstrom, Jonathan |
| 39 | Maple Leafs | Parent, Ryan |
| 40 | North Stars | Stoa, Ryan |
| Overall | Team | Player |
|---|---|---|
| 41 | North Stars (from Jets) | McClement, Jay |
| 42 | Rockies | Lashoff, Matt |
| 43 | Rockies (from Bruins) | Winchester, Brad |
| 44 | Flames (from Maroons) | Little, Bryan |
| 45 | Tigers (from Nordiques) | Esposito, Angelo |
| 46 | Pirates | Armstrong, Colby |
| 47 | Black Hawks (from Flames) | Mikkelson, Brendan |
| 48 | Tigers | Toews, Jonathan |
| 49 | Barons | Paille, Daniel |
| 50 | Rangers (from Red Wings) | Richardson, Brad |
| 51 | Scouts | Munro, Adam |
| 52 | North Stars (from Seals) | Varlamov, Semyon |
| 53 | Barons (from Senators) | Meyer, Stefan |
| 54 | Whalers | Oshie, T.J. |
| 55 | Americans | |
| 56 | Rockies (from Black Hawks) | Pavelec, Ondrej |
| 57 | Canadiens | Kveton, David |
| 58 | Rangers | Campoli, Chris |
| 59 | Maple Leafs | Mikus, Juraj |
| 60 | North Stars | Naslund, Fredrik |
| Overall | Team | Player |
|---|---|---|
| 61 | Senators (from Jets) | Crawford, Corey |
| 62 | Senators (from Rockies) | Schneider, Cory |
| 63 | Senators (from Bruins) | MacArthur, Clarke |
| 64 | Tigers (from Maroons) | Sheppard, James |
| 65 | Scouts (from Nordiques) | Syvret, Danny |
| 66 | Pirates | Lebda, Brett |
| 67 | Flames | Joensuu, Jesse |
| 68 | Senators (from Tigers) | Ryder, Dan |
| 69 | Senators (from Barons) | Niskanen, Matt |
| 70 | Rangers (from Red Wings) | Beauchemin, Rejean |
| 71 | Scouts | Talbot, Max |
| 72 | North Stars (from Seals) | Staal, Jordan |
| 73 | Flames (from Senators) | Gorges, Josh |
| 74 | Whalers | Pelech, Matt |
| 75 | Americans | |
| 76 | Rockies (from Black Hawks) | Klein, Kevin |
| 77 | Canadiens | Repik, Michal |
| 78 | Rangers | Jacques, Jean-Francois |
| 79 | Maple Leafs | May, Jeff |
| 80 | North Stars | Bourque, Chris |
| Overall | Team | Player |
|---|---|---|
| 81 | Scouts (from Jets) | Kostitsyn, Sergei |
| 82 | Rockies | Mueller, Peter |
| 83 | Black Hawks (from Bruins) | Stephenson, Logan |
| 84 | Rockies (from Maroons) | Dowzak, Tysen |
| 85 | Scouts (from Nordiques) | Kreps, Kamil |
| 86 | Pirates | Neal, James |
| 87 | Tigers (from Flames) | Hamill, Zach |
| 88 | Tigers | Anthony, Steven |
| 89 | Tigers (from Barons) | Levasseur, Jean-Philippe |
| 90 | Red Wings | Bartanus, Marek |
| 91 | Scouts | Filewich, Jonathan |
| 92 | Canadiens (from Seals) | Streit, Mark |
| 93 | Tigers (from Senators) | Buravchikov, Vyacheslav |
| 94 | Whalers | Finley, Joe |
| 95 | Americans | |
| 96 | Black Hawks | Fistric, Mark |
| 97 | Canadiens | Stepanek, Jakub |
| 98 | Rangers | Downie, Steve |
| 99 | Maple Leafs | Alexandrov, Yuri |
| 100 | North Stars | Salmonsson, Johannes |
| Overall | Team | Player |
|---|---|---|
| 101 | Black Hawks (from Jets) | Comeau, Blake |
| 102 | Tigers (from Rockies) | Okposo, Kyle |
| 103 | Black Hawks (from Bruins) | Skinner, Brett |
| 104 | Pirates (from Maroons) | Shkotov, Alexei |
| 105 | Rockies (from Nordiques) | Holmqvist, Michael |
| 106 | Flames (from Pirates) | Backstrom, Nicklas |
| 107 | Flames | Makarov, Igor |
| 108 | Tigers | Mitera, Mark |
| 109 | Scouts (from Barons) | Sauer, Billy |
| 110 | Rangers (from Red Wings) | Clowe, Ryane |
| 111 | Rockies (from Scouts) | Ellison, Matt |
| 112 | Tigers (from Seals) | Forney, Michael |
| 113 | Barons (from Senators) | Pineault, Adam |
| 114 | Whalers | Mihalik, Vladimir |
| 115 | Americans | |
| 116 | Black Hawks | Methot, Marc |
| 117 | Canadiens | Gulasi, Michal |
| 118 | Rangers | Jackson, Scott |
| 119 | Maple Leafs | Vishnevskiy, Ivan |
| 120 | North Stars | Setzinger, Oliver |