| 1ST ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 1st | Ron Francis | Chicago | Center | 23 | $115.68 | $5.03 |
| 2nd | Doug Crossman | Red Deer | Defense | 12 | $46.89 | $3.91 |
| 3rd | Joe Mullen | Colorado | Right Wing | 16 | $84.07 | $5.25 |
| 4th | Grant Fuhr | Houston | Goalie | 17 | $24.18 | $1.42 |
| 5th | Dale Hawerchuk | Cleveland (via Uni) | Center | 16 | $64.00 | $4.00 |
| 6th | Brent Sutter | Philadelphia | Center | 17 | $63.59 | $3.74 |
| 7th | Reijo Ruotsalainen | Red Deer (via Clv) | Defense | 6 | $32.32 | $5.39 |
| 8th | Gilbert Delorme | Canmore | Defense | 9 | $18.17 | $2.02 |
| 9th | Paul MacLean | Seattle | Right Wing | 10 | $40.44 | $4.04 |
| 10th | Tomas Jonsson | Canmore (via LA) | Defense | 8 | $34.76 | $4.35 |
| 11th | Ilkka Sinisalo | Atlanta | Right Wing | 9 | $41.95 | $4.66 |
| 12th | Barry Pederson | Calgary | Center | 11 | $44.02 | $4.00 |
| 13th | Neal Broten | Vancouver | Center | 16 | $51.57 | $3.22 |
| 14th | Charlie Huddy | Cleveland (via RD/Vic) | Defense | 15 | $48.66 | $3.24 |
| 15th | Bernie Nicholls | Moncton | Center | 17 | $55.29 | $3.25 |
| 16th | Bob Carpenter | Creston | Center | 18 | $45.47 | $2.53 |
| 17th | Tim Watters | Los Angeles (via Can/Mtl) | Defense | 13 | $13.14 | $1.01 |
| 18th | Rick Wamsley | Gloucester | Goalie | 10 | $9.55 | $0.96 |
| 19th | Mike Bullard | Miami | Center | 10 | $35.95 | $3.60 |
| 20th | Tom Fergus | Quebec | Center | 11 | $36.85 | $3.35 |
| 21st | Mark Pavelich | Nunavut | Center | 5 | $24.80 | $4.96 |
| 22nd | Rollie Melanson | Red Deer (via Wpg) | Goalie | 7 | $7.16 | $1.02 |
| 23rd | Marian Stastny | Seattle (via STC) | Right Wing | 5 | $20.80 | $4.16 |
| 24th | Murray Bannerman | Cleveland (via RD/Mich) | Goalie | 6 | $7.03 | $1.17 |
| 2ND ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 25th | Gaetan Duchesne | Winnipeg (via RD) | Left Wing | 14 | $39.73 | $2.84 |
| 26th | Rik Wilson | Colorado | Defense | 5 | $7.13 | $1.43 |
| 27th | Steve Konroyd | Chicago | Defense | 13 | $24.81 | $1.91 |
| 28th | Steve Weeks | Uniondale | Goalie | 9 | $5.49 | $0.61 |
| 29th | Aaron Broten | Houston | Left Wing | 11 | $24.69 | $2.24 |
| 30th | Thomas Steen | Philadelphia | Center | 14 | $35.84 | $2.56 |
| 31st | Andre Dore | Cleveland | Defense | 4 | $9.39 | $2.35 |
| 32nd | Marco Baron | Canmore | Goalie | 2 | $1.67 | $0.84 |
| 33rd | Timo Blomqvist | Seattle | Defense | 5 | $8.72 | $1.74 |
| 34th | Steve Bozek | Los Angeles | Left Wing | 11 | $22.46 | $2.04 |
| 35th | Craig Laughlin | Atlanta | Right Wing | 8 | $30.79 | $3.85 |
| 36th | Vincent Tremblay | Calgary | Goalie | 1 | $1.01 | $1.01 |
| 37th | Bobby Gould | Vancouver | Right Wing | 9 | $29.11 | $3.23 |
| 38th | Bob Sauve | Victoria | Goalie | 7 | $5.37 | $0.77 |
| 39th | Doug Shedden | Moncton | Center | 7 | $13.98 | $2.00 |
| 40th | Mark Hunter | Creston | Right Wing | 10 | $26.28 | $2.63 |
| 41st | Ivan Hlinka | Colorado (via Mtl) | Center | 2 | $8.69 | $4.35 |
| 42nd | Doug Soetaert | Gloucester | Goalie | 5 | $3.49 | $0.70 |
| 43rd | Ron Flockhart | Miami | Center | 7 | $22.39 | $3.20 |
| 44th | Al Jensen | Quebec | Goalie | 4 | $3.48 | $0.87 |
| 45th | Dave Feamster | Nunavut | Defense | 3 | $5.13 | $1.71 |
| 46th | Randy Cunneyworth | Colorado (via Wpg) | Left Wing | 14 | $17.82 | $1.27 |
| 47th | Kari Eloranta | Steel City | Defense | 4 | $11.38 | $2.85 |
| 48th | Greg Adams | Red Deer (via Mich) | Left Wing | 9 | $11.83 | $1.31 |
| 3RD ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 49th | Miroslav Frycer | Canmore (via RD) | Right Wing | 8 | $14.09 | $1.76 |
| 50th | Billy Carroll | Colorado | Center | 6 | $10.75 | $1.79 |
| 51st | Bruce Crowder | Chicago | Right Wing | 4 | $10.66 | $2.67 |
| 52nd | Bill Gardner | Uniondale | Center | 5 | $15.97 | $3.19 |
| 53rd | Mikko Leinonen | Houston | Center | 3 | $7.59 | $2.53 |
| 54th | Jim Benning | Philadelphia | Defense | 9 | $13.86 | $1.54 |
| 55th | Lou Franceschetti | Colorado (via Clv) | Right Wing | 8 | $8.83 | $1.10 |
| 56th | Bengt Lundholm | Canmore | Left Wing | 4 | $12.13 | $3.03 |
| 57th | Greg Theberge | Seattle | Defense | 2 | $5.31 | $2.66 |
| 58th | Hector Marini | Los Angeles | Right Wing | 3 | $3.78 | $1.26 |
| 59th | Mark Osborne | Cleveland (via Atl) | Left Wing | 14 | $23.94 | $1.71 |
| 60th | Jim Nill | Calgary | Right Wing | 8 | $9.75 | $1.22 |
| 61st | Chris Valentine | Vancouver | Center | 3 | $5.77 | $1.92 |
| 62nd | Dave Parro | Colorado (via Vic) | Goalie | 1 | $1.43 | $1.43 |
| 63rd | Stew Gavin | Moncton | Left Wing | 12 | $16.57 | $1.38 |
| 64th | Lars Molin | Creston | Left Wing | 3 | $5.05 | $1.68 |
| 65th | Lee Norwood | Colorado (via Mtl) | Defense | 9 | $12.05 | $1.34 |
| 66th | Denis Cyr | Gloucester | Right Wing | 4 | $7.80 | $1.95 |
| 67th | Doug Keans | Miami | Goalie | 6 | $3.10 | $0.52 |
| 68th | Randy Hillier | Quebec | Defense | 11 | $9.46 | $0.86 |
| 69th | Tom Roulston | Nunavut | Center | 3 | $7.69 | $2.56 |
| 70th | Gilles Gilbert | Chicago (via Wpg) | Goalie | 2 | $0.33 | $0.17 |
| 71st | Anders Hakansson | Steel City | Left Wing | 5 | $7.20 | $1.44 |
| 72nd | Bill Nyrop | Michigan | Defense | 1 | $2.24 | $2.24 |
| 4TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 73rd | Dave Keon | Red Deer | Center | 1 | $0.26 | $0.26 |
| 74th | Normand Leveille | Colorado | Left Wing | 1 | $3.12 | $3.12 |
| 75th | John Wensink | Chicago | Left Wing | 2 | $0.33 | $0.17 |
| 76th | Mike Gillis | Uniondale | Left Wing | 2 | $3.29 | $1.65 |
| 77th | Jody Gage | Houston | Right Wing | 1 | $1.70 | $1.70 |
| 78th | Jiri Bubla | Philadelphia | Defense | 5 | $5.41 | $1.08 |
| 79th | Joe Cirella | Cleveland | Defense | 13 | $9.22 | $0.71 |
| 80th | Dan Bourbonnais | Red Deer (via Can) | Left Wing | 2 | $0.61 | $0.31 |
| 81st | Anders Eldebrink | Seattle | Defense | 1 | $1.19 | $1.19 |
| 82nd | Dave Cameron | Los Angeles | Center | 3 | $1.65 | $0.55 |
| 83rd | Doug Smith | Cleveland (via Atl) | Center | 9 | $6.52 | $0.72 |
| 84th | John Paul Kelly | Calgary | Left Wing | 5 | $2.70 | $0.54 |
| 85th | Pierre Aubry | Vancouver | Left Wing | 4 | $4.50 | $1.13 |
| 86th | Randy Boyd | Victoria | Defense | 6 | $5.39 | $0.90 |
| 87th | Marc Chorney | Moncton | Defense | 3 | $0.56 | $0.19 |
| 88th | Fred Boimistruck | Creston | Defense | 2 | $2.18 | $1.09 |
| 89th | Bob Hoffmeyer | Montreal | Defense | 4 | $4.12 | $1.03 |
| 90th | Larry Hopkins | Gloucester | Left Wing | 1 | $2.42 | $2.42 |
| 91st | Marc Crawford | Miami | Left Wing | 4 | $2.53 | $0.63 |
| 92nd | Craig Levie | Quebec | Defense | 4 | $6.31 | $1.58 |
| 93rd | Rick Chartraw | Nunavut | Defense | 3 | $1.79 | $0.60 |
| 94th | Tom Younghans | Colorado (via Wpg) | Right Wing | 1 | $0.98 | $0.98 |
| 95th | Tapio Levo | Steel City | Defense | 2 | $2.73 | $1.37 |
| 96th | Bob Hess | Michigan | Defense | 1 | $1.46 | $1.46 |
| 5TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 97th | Don Gillen | Red Deer | Right Wing | 1 | $0.17 | $0.17 |
| 98th | Fred Arthur | Colorado | Defense | 1 | $0.88 | $0.88 |
| 99th | Charlie Bourgeois | Chicago | Defense | 5 | $3.68 | $0.74 |
| 100th | Mark Botell | Uniondale | Defense | 1 | $1.50 | $1.50 |
| 101st | Basil McRae | Houston | Left Wing | 11 | $1.87 | $0.17 |
| 102nd | Bobby Simpson | Philadelphia | Left Wing | 1 | $1.83 | $1.83 |
| 103rd | Norm Aubin | Canmore | Center | 2 | $2.73 | $1.37 |
| 104th | Andy Schliebener | Seattle | Defense | 2 | $0.91 | $0.46 |
| 105th | Neil Belland | Atlanta | Defense | 2 | $2.54 | $1.27 |
| 106th | Dave Hutchison | Calgary | Defense | 3 | $0.50 | $0.17 |
| 107th | Pat Graham | Vancouver | Left Wing | 3 | $1.04 | $0.35 |
| 108th | Ken Solheim | Victoria | Left Wing | 3 | $1.57 | $0.52 |
| 109th | Mark Renaud | Moncton | Defense | 2 | $0.64 | $0.32 |
| 110th | Paul Shmyr | Creston | Defense | 1 | $0.17 | $0.17 |
| 111th | Jim Korn | Montreal | Defense | 8 | $1.97 | $0.25 |
| 112th | Veli-Pekka Ketola | Gloucester | Center | 1 | $1.50 | $1.50 |
| 113th | Torrie Robertson | Miami | Left Wing | 8 | $1.42 | $0.18 |
| 114th | Peter Wallin | Quebec | Right Wing | 1 | $0.44 | $0.44 |
| 115th | Bill Stewart | Nunavut | Defense | 3 | $0.72 | $0.24 |
| 116th | Murray Brumwell | Philadelphia (via Wpg) | Defense | 3 | $2.55 | $0.85 |
| 117th | John Gibson | Michigan | Defense | 1 | $0.17 | $0.17 |
| 6TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POS | YL | SALARY | $/YR |
| 118th | Al Hill | Red Deer | Center | 1 | $0.80 | $0.80 |
| 119th | Paul Mulvey | Colorado | Left Wing | 1 | $0.17 | $0.17 |
| 120th | Jimmy Mann | Chicago | Right Wing | 5 | $0.83 | $0.17 |
| 121st | Trevor Johansen | Uniondale | Defense | 1 | $0.17 | $0.17 |
| 122nd | Ted Nolan | Houston | Center | 1 | $0.19 | $0.19 |
| 123rd | Al Hangsleben | Philadelphia | Defense | 1 | $0.27 | $0.27 |
| 124th | Bob McGill | Atlanta | Defense | 11 | $4.11 | $0.37 |
| 125th | Jack McIlhargey | Calgary | Defense | 1 | $0.19 | $0.19 |
| 126th | Kevin Maxwell | Vancouver | Center | 1 | $0.17 | $0.17 |
| 127th | Jim Pavese | Victoria | Defense | 7 | $2.48 | $0.35 |
| 128th | Jerome Dupont | Moncton | Defense | 4 | $1.62 | $0.41 |
| 129th | Jukka Porvari | Creston | Right Wing | 1 | $0.17 | $0.17 |
| 130th | Randy Holt | Montreal | Defense | 3 | $0.50 | $0.17 |
| 131st | Barry Melrose | Gloucester | Defense | 3 | $0.50 | $0.17 |
| 132nd | Barry Legge | Miami | Defense | 1 | $0.17 | $0.17 |
| 133rd | Mickey Volcan | Nunavut | Defense | 2 | $0.33 | $0.17 |
| 134th | Gerry Hart | Winnipeg | Defense | 1 | $0.17 | $0.17 |
| 135th | Graeme Nicolson | Michigan | Defense | 1 | $0.17 | $0.17 |