| 1ST ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 1st | Alfredsson, Daniel | Billings | Right Wing | 14 | $69.41 | $4.96 |
| 2nd | Demitra, Pavol | Montreal (via Nunavut) | Left Wing | 13 | $52.96 | $4.07 |
| 3rd | Satan, Miroslav | Montreal (via Steel City) | Left Wing | 14 | $53.86 | $3.85 |
| 4th | Sykora, Petr | Lowell | Right Wing | 12 | $48.36 | $4.03 |
| 5th | Daze, Eric | St. Catherines | Left Wing | 8 | $31.48 | $3.93 |
| 6th | Lehtinen, Jere | Hamilton | Right Wing | 13 | $47.88 | $3.68 |
| 7th | Kapanen, Sami | Grand Rapids | Left Wing | 12 | $36.58 | $3.05 |
| 8th | Aucoin, Adrian | Seattle | Defense | 14 | $47.92 | $3.42 |
| 9th | Smyth, Ryan | Montreal | Left Wing | 14 | $41.25 | $2.95 |
| 10th | Svehla, Robert | Miami | Defense | 8 | $28.55 | $3.57 |
| 11th | McCabe, Bryan | Cleveland | Defense | 14 | $38.59 | $2.76 |
| 12th | Norstrom, Mattias | Philadelphia | Defense | 12 | $30.24 | $2.52 |
| 13th | Stillman, Cory | Gloucester | Center | 14 | $42.17 | $3.01 |
| 14th | Doan, Shane | Vancouver | Right Wing | 14 | $32.93 | $2.35 |
| 15th | Koivu, Saku | Quebec | Center | 13 | $33.00 | $2.54 |
| 16th | Bertuzzi, Todd | Philadelphia (via Chicago) | Center | 13 | $29.63 | $2.28 |
| 17th | Jovanovski, Ed | Calgary | Defense | 14 | $30.95 | $2.21 |
| 18th | Kozlov, Viktor | Grand Rapids (via Oregon) | Center | 13 | $30.34 | $2.33 |
| 19th | Klemm, Jon | Detroit | Defense | 12 | $26.82 | $2.23 |
| 20th | Sundstrom, Niklas | Grand Rapids (via Fort Wayne) | Left Wing | 10 | $28.01 | $2.80 |
| 21st | Tsyplakov, Vladimir | Nunavut (via Montreal/Hartford) | Left Wing | 6 | $14.71 | $2.45 |
| 22nd | Ragnarsson, Marcus | New Jersey | Defense | 9 | $17.88 | $1.99 |
| 23rd | Dafoe, Byron | Atlanta | Goalie | 7 | $22.24 | $3.18 |
| 24th | Dvorak, Radek | Seattle (via Uniondale) | Right Wing | 14 | $32.30 | $2.31 |
| 25th | Wilson, Mike | Billings | Defense | 6 | $12.02 | $2.00 |
| 2ND ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 26th | Marshall, Grant | Billings | Right Wing | 10 | $21.31 | $2.13 |
| 27th | Dandenault, Mathieu | Nunavut | Right Wing | 13 | $20.99 | $1.61 |
| 28th | O'Neill, Jeff | Lowell | Center | 11 | $23.73 | $2.16 |
| 29th | McLaren, Kyle | Steel City | Defense | 12 | $23.17 | $1.93 |
| 30th | Hendrickson, Darby | Hamilton | Center | 9 | $5.79 | $0.64 |
| 31st | O'Donnell, Sean | St. Catherines | Defense | 14 | $25.09 | $1.79 |
| 32nd | Kilger, Chad | Grand Rapids | Center | 12 | $16.78 | $1.40 |
| 33rd | Walker, Scott | Seattle | Center | 14 | $24.18 | $1.73 |
| 34th | Snow, Garth | Montreal | Goalie | 10 | $17.69 | $1.77 |
| 35th | Featherstone, Glen | Miami | Defense | 2 | $1.64 | $0.82 |
| 36th | Todd, Kevin | Cleveland | Center | 3 | $4.30 | $1.43 |
| 37th | Peake, Pat | Philadelphia | Center | 1 | $3.40 | $3.40 |
| 38th | Warrener, Rhett | Gloucester | Defense | 12 | $19.74 | $1.65 |
| 39th | Holzinger, Brian | Vancouver | Center | 8 | $14.45 | $1.81 |
| 40th | Shtalenkov, Mikhail | Quebec | Goalie | 5 | $7.16 | $1.43 |
| 41st | Yelle, Stephane | Billings (via Chicago) | Center | 14 | $20.83 | $1.49 |
| 42nd | Olczyk, Ed | Calgary | Center | 5 | $7.44 | $1.49 |
| 43rd | Witt, Brendan | Grand Rapids (via Oregon) | Defense | 14 | $10.01 | $0.71 |
| 44th | Neckar, Stan | Detroit | Defense | 7 | $5.30 | $0.76 |
| 45th | Corbet, Rene | Grand Rapids (via Fort Wayne) | Left Wing | 6 | $8.32 | $1.39 |
| 46th | Laukkanen, Janne | Hartford | Defense | 7 | $9.78 | $1.40 |
| 47th | Park, Richard | Cleveland (via New Jersey) | Right Wing | 9 | $13.72 | $1.52 |
| 48th | Yachmenev, Vitali | Seattle (via Atlanta) | Left Wing | 7 | $12.51 | $1.79 |
| 49th | Johnson, Craig | Seattle (via Uniondale) | Left Wing | 9 | $11.07 | $1.23 |
| 3RD ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 50th | Pitlick, Lance | Billings | Defense | 7 | $8.73 | $1.25 |
| 51st | Moger, Sandy | Lowell | Center | 4 | $4.21 | $1.05 |
| 52nd | Khmylev, Yuri | Steel City | Left Wing | 1 | $0.62 | $0.62 |
| 53rd | Domi, Tie | Hamilton | Right Wing | 10 | $6.97 | $0.70 |
| 54th | Andersson, Niklas | St. Catherines | Left Wing | 3 | $4.24 | $1.41 |
| 55th | Peluso, Mike | Grand Rapids | Left Wing | 4 | $1.20 | $0.30 |
| 56th | Svensson, Magnus | Seattle | Defense | 1 | $1.04 | $1.04 |
| 57th | Donovan, Shean | Montreal | Right Wing | 14 | $11.70 | $0.84 |
| 58th | Lalor, Mike | Miami | Defense | 2 | $1.89 | $0.95 |
| 59th | Karpa, Dave | Cleveland | Defense | 7 | $2.24 | $0.32 |
| 60th | Dean, Kevin | Philadelphia | Defense | 6 | $9.51 | $1.59 |
| 61st | Muzzatti, Jason | Gloucester | Goalie | 2 | $2.33 | $1.17 |
| 62nd | McLean, Kirk | Vancouver | Goalie | 6 | $6.10 | $1.02 |
| 63rd | Ray, Rob | Quebec | Right Wing | 8 | $2.16 | $0.27 |
| 64th | Laperriere, Ian | Chicago | Center | 14 | $10.09 | $0.72 |
| 65th | Noonan, Brian | Calgary | Right Wing | 3 | $4.19 | $1.40 |
| 66th | Mullen, Joe | Oregon | Right Wing | 2 | $2.62 | $1.31 |
| 67th | Jablonski, Pat | Billings (via Detroit) | Goalie | 1 | $1.41 | $1.41 |
| 68th | Wakaluk, Darcy | Fort Wayne | Goalie | 1 | $1.22 | $1.22 |
| 69th | Ridley, Mike | Hartford | Center | 2 | $6.26 | $3.13 |
| 70th | Hirsch, Corey | New Jersey | Goalie | 3 | $4.15 | $1.38 |
| 71st | Billington, Craig | Atlanta | Goalie | 4 | $4.53 | $1.13 |
| 72nd | Trefilov, Andrei | Lowell (via Uniondale) | Goalie | 1 | $1.12 | $1.12 |
| 4TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 73rd | Berg, Aki | Lowell | Defense | 9 | $12.53 | $1.39 |
| 74th | Dubinsky, Steve | Steel City | Center | 7 | $2.77 | $0.40 |
| 75th | Petit, Michel | Hamilton | Defense | 3 | $0.78 | $0.26 |
| 76th | Lachance, Scott | St. Catherines | Defense | 9 | $8.92 | $0.99 |
| 77th | Racine, Yves | Grand Rapids | Defense | 3 | $2.58 | $0.86 |
| 78th | Hicks, Alex | Seattle | Left Wing | 4 | $4.41 | $1.10 |
| 79th | Moran, Ian | Montreal | Defense | 9 | $6.73 | $0.75 |
| 80th | Rohlin, Leif | Miami | Defense | 2 | $3.13 | $1.56 |
| 81st | Ewen, Todd | Cleveland | Right Wing | 2 | $0.33 | $0.17 |
| 82nd | Fichaud, Eric | Philadelphia | Goalie | 2 | $2.50 | $1.25 |
| 83rd | Gavey, Aaron | Vancouver | Center | 6 | $5.63 | $0.94 |
| 84th | Laus, Paul | Quebec | Defense | 7 | $2.12 | $0.30 |
| 85th | Wright, Tyler | Chicago | Center | 10 | $4.39 | $0.44 |
| 86th | Ustorf, Stefan | Calgary | Center | 1 | $2.84 | $2.84 |
| 87th | Flaherty, Wade | Oregon | Goalie | 3 | $1.30 | $0.43 |
| 88th | Quint, Deron | Detroit | Defense | 9 | $9.90 | $1.10 |
| 89th | Marshall, Jason | Fort Wayne | Defense | 10 | $3.43 | $0.34 |
| 90th | Warriner, Todd | New Jersey | Left Wing | 8 | $6.19 | $0.77 |
| 5TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 91st | Eagles, Mike | Lowell | Center | 5 | $1.86 | $0.37 |
| 92nd | Dowd, Jim | Steel City | Center | 10 | $12.72 | $1.27 |
| 93rd | Cullimore, Jassen | St. Catherines | Defense | 12 | $11.59 | $0.97 |
| 94th | Douris, Peter | Seattle | Right Wing | 1 | $1.49 | $1.49 |
| 95th | McCleary, Trent | Montreal | Right Wing | 3 | $0.50 | $0.17 |
| 96th | Musil, Frantisek | Miami | Defense | 3 | $1.77 | $0.59 |
| 97th | Finn, Steven | Vancouver | Defense | 2 | $0.33 | $0.17 |
| 98th | Bales, Mike | Chicago | Goalie | 1 | $0.25 | $0.25 |
| 99th | Wilkinson, Neil | Calgary | Defense | 4 | $2.45 | $0.61 |
| 100th | Leach, Stephen | Detroit | Right Wing | 4 | $1.23 | $0.31 |
| 101st | Langdon, Darren | New Jersey | Left Wing | 9 | $4.92 | $0.55 |
| 6TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 102nd | McCarthy, Sandy | Lowell | Right Wing | 9 | $2.50 | $0.28 |
| 103rd | Astley, Mark | Steel City | Defense | 1 | $0.57 | $0.57 |
| 104th | Torgaev, Pavel | St. Catherines | Left Wing | 1 | $1.37 | $1.37 |
| 105th | Olsson, Christer | Seattle | Defense | 2 | $1.62 | $0.81 |
| 106th | Nelson, Jeff | Montreal | Center | 1 | $0.17 | $0.17 |
| 107th | Kennedy, Mike | Miami | Center | 2 | $1.07 | $0.54 |
| 108th | Wells, Chris | Vancouver | Center | 4 | $1.59 | $0.40 |
| 109th | Drury, Ted | Chicago | Center | 5 | $1.67 | $0.33 |
| 110th | Buchberger, Kelly | Calgary | Right Wing | 9 | $3.78 | $0.42 |
| 111th | Huddy, Charlie | New Jersey | Defense | 1 | $0.95 | $0.95 |
| 7TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 112th | Plante, Dan | Lowell | Right Wing | 2 | $0.33 | $0.17 |
| 113th | Gaudreau, Rob | Steel City | Right Wing | 1 | $0.24 | $0.24 |
| 114th | Kiprusoff, Marko | Seattle | Defense | 2 | $1.38 | $0.69 |
| 115th | Archibald, Dave | Montreal | Center | 1 | $0.28 | $0.28 |
| 116th | Tucker, John | Miami | Center | 1 | $0.21 | $0.21 |
| 117th | Boughner, Bob | Chicago | Defense | 10 | $5.51 | $0.55 |
| 118th | Druce, John | New Jersey | Right Wing | 3 | $2.24 | $0.75 |
| 8TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 119th | Dziedzic, Joe | Lowell | Left Wing | 2 | $1.00 | $0.50 |
| 120th | Gendron, Martin | Steel City | Right Wing | 1 | $0.40 | $0.40 |
| 121st | Leroux, Francois | Montreal | Defense | 3 | $0.54 | $0.18 |
| 122nd | Roche, Dave | Miami | Left Wing | 3 | $0.55 | $0.18 |
| 123rd | Shannon, Darrin | New Jersey | Left Wing | 3 | $2.77 | $0.92 |
| 9TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 124th | Lacroix, Daniel | Lowell | Left Wing | 3 | $1.31 | $0.44 |
| 125th | Huard, Bill | Miami | Left Wing | 3 | $1.52 | $0.51 |
| 126th | Kruse, Paul | New Jersey | Left Wing | 4 | $0.66 | $0.17 |
| 10TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 127th | King, Kris | Lowell | Left Wing | 5 | $0.92 | $0.18 |
| 128th | Baumgartner, Ken | Miami | Left Wing | 4 | $0.66 | $0.17 |