| 1ST ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 1st | Iginla, Jarome | Oregon (via Miami) | Right Wing | 13 | $59,191,677 | $4.55 |
| 2nd | Redden, Wade | Grand Rapids | Defense | 13 | $66,543,503 | $5.12 |
| 3rd | Holmstrom, Tomas | Cleveland | Left Wing | 13 | $44,383,147 | $3.41 |
| 4th | Langkow, Daymond | Chicago | Center | 13 | $51,624,870 | $3.97 |
| 5th | Brunette, Andrew | Seattle | Left Wing | 13 | $45,191,856 | $3.48 |
| 6th | Sullivan, Steve | Montreal | Left Wing | 12 | $42,623,425 | $3.55 |
| 7th | Langenbrunner, Jamie | Gloucester | Right Wing | 13 | $43,014,842 | $3.31 |
| 8th | Kolzig, Olaf | St. Catharines | Goalie | 11 | $40,309,154 | $3.66 |
| 9th | Miller, Aaron | Hartford | Defense | 11 | $20,319,210 | $1.85 |
| 10th | Allison, Jason | Nunavut | Center | 8 | $25,579,951 | $3.20 |
| 11th | Modin, Fredrik | New Jersey | Left Wing | 13 | $40,148,017 | $3.09 |
| 12th | Niinimaa, Janne | Detroit | Defense | 10 | $30,351,469 | $3.04 |
| 13th | Grier, Mike | Alberta | Right Wing | 13 | $26,387,410 | $2.03 |
| 14th | Berezin, Sergei | Billings (via Philadelphia) | Left Wing | 7 | $23,094,340 | $3.30 |
| 15th | McGillis, Dan | Vancouver | Defense | 9 | $26,670,176 | $2.96 |
| 16th | Salo, Tommy | Québec City | Goalie | 8 | $28,294,887 | $3.54 |
| 17th | Berard, Bryan | Calgary | Defense | 9 | $18,522,909 | $2.06 |
| 18th | Conroy, Craig | Quebec | Center | 13 | $38,221,455 | $2.94 |
| 19th | Brown, Curtis | Philadelphia (via Billings) | Center | 11 | $26,507,472 | $2.41 |
| 20th | Murray, Rem | Miami (via Oregon/Fort Wayne) | Center | 8 | $18,596,651 | $2.32 |
| 21st | Carter, Anson | Atlanta | Right Wing | 10 | $32,788,175 | $3.28 |
| 22nd | McKee, Jay | Gloucester (via Uniondale) | Defense | 13 | $24,327,310 | $1.87 |
| 23rd | Ward, Dixon | Miami (via Oregon) | Right Wing | 5 | $14,591,709 | $2.92 |
| 24th | Zubrus, Dainius | Steel City | Center | 13 | $31,332,014 | $2.41 |
| 2ND ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 25th | Dackell, Andreas | Miami | Right Wing | 8 | $2,955,533 | $0.37 |
| 26th | Pandolfo, Jay | Grand Rapids | Left Wing | 13 | $26,169,188 | $2.01 |
| 27th | de Vries, Greg | Seattle | Defense | 12 | $25,916,501 | $2.16 |
| 28th | Dandenault, Mathieu | Cleveland | Right Wing | 12 | $19,009,029 | $1.58 |
| 29th | Roloson, Dwayne | Chicago | Goalie | 10 | $31,482,846 | $3.15 |
| 30th | Malik, Marek | Montreal | Defense | 11 | $25,682,133 | $2.33 |
| 31st | Eriksson, Anders | Gloucester | Defense | 10 | $20,373,060 | $2.04 |
| 32nd | Corbet, Rene | St. Catharines | Left Wing | 5 | $7,604,243 | $1.52 |
| 33rd | Lindgren, Mats | Hartford | Center | 7 | $9,135,331 | $1.31 |
| 34th | Lalime, Patrick | Nunavut | Goalie | 9 | $22,633,809 | $2.51 |
| 35th | Johansson, Andreas | New Jersey | Center | 7 | $12,257,388 | $1.75 |
| 36th | Tucker, Darcy | Detroit | Center | 13 | $20,375,216 | $1.57 |
| 37th | Hoglund, Jonas | Alberta | Right Wing | 7 | $18,307,803 | $2.62 |
| 38th | Armstrong, Derek | Philadelphia | Center | 7 | $11,171,980 | $1.60 |
| 39th | Dunham, Mike | Vancouver | Goalie | 7 | $21,346,899 | $3.05 |
| 40th | Gustafsson, Per | Québec City | Defense | 2 | $4,675,426 | $2.34 |
| 41st | Pederson, Denis | Billings (via Calgary) | Center | 7 | $11,367,958 | $1.62 |
| 42nd | Moreau, Ethan | Quebec | Left Wing | 12 | $16,523,998 | $1.38 |
| 43rd | Campbell, Jim | Billings | Right Wing | 4 | $7,822,256 | $1.96 |
| 44th | Ward, Aaron | Fort Wayne | Defense | 13 | $18,802,347 | $1.45 |
| 45th | Rivet, Craig | Atlanta | Defense | 13 | $20,872,541 | $1.61 |
| 46th | Roy, Jean-Yves | Cleveland (via Uniondale) | Right Wing | 1 | $785,135 | $0.79 |
| 47th | Quintal, Stephane | Fort Wayne (via Oregon) | Defense | 8 | $9,715,709 | $1.21 |
| 48th | Salei, Ruslan | Montreal (via Steel City) | Defense | 12 | $16,811,067 | $1.40 |
| 3RD ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 49th | York, Harry | Miami | Center | 5 | $6,473,305 | $1.29 |
| 50th | Valk, Garry | Grand Rapids | Right Wing | 6 | $7,154,708 | $1.19 |
| 51st | Sykora, Michal | Seattle | Defense | 3 | $4,453,492 | $1.48 |
| 52nd | Nazarov, Andrei | Cleveland | Left Wing | 8 | $2,620,335 | $0.33 |
| 53rd | Staios, Steve | Chicago | Defense | 13 | $16,043,535 | $1.23 |
| 54th | Rychel, Warren | Montreal | Left Wing | 3 | $1,577,591 | $0.53 |
| 55th | Racine, Yves | Gloucester | Defense | 2 | $1,791,688 | $0.90 |
| 56th | Van Impe, Darren | St. Catharines | Defense | 6 | $7,968,621 | $1.33 |
| 57th | Peltonen, Ville | Hartford | Left Wing | 6 | $7,663,455 | $1.28 |
| 58th | Timander, Mattias | Nunavut | Defense | 8 | $7,261,946 | $0.91 |
| 59th | Black, James | New Jersey | Left Wing | 5 | $8,532,037 | $1.71 |
| 60th | Hough, Mike | Detroit | Left Wing | 2 | $3,136,826 | $1.57 |
| 61st | Stevens, Kevin | Alberta | Left Wing | 6 | $4,982,622 | $0.83 |
| 62nd | Pushor, Jamie | Philadelphia | Defense | 7 | $6,606,663 | $0.94 |
| 63rd | Elik, Todd | Vancouver | Center | 1 | $165,000 | $0.17 |
| 64th | Eagles, Mike | Québec City | Center | 4 | $1,132,624 | $0.28 |
| 65th | Bordeleau, Sebastien | Billings (via Calgary) | Center | 5 | $3,569,989 | $0.71 |
| 66th | Hulse, Cale | Quebec | Defense | 9 | $3,617,020 | $0.40 |
| 67th | Wotton, Mark | Billings | Defense | 1 | $1,159,316 | $1.16 |
| 68th | Schwab, Corey | Fort Wayne | Goalie | 3 | $3,702,196 | $1.23 |
| 69th | Fichaud, Eric | Uniondale | Goalie | 1 | $1,506,041 | $1.51 |
| 70th | Muzzatti, Jason | Montreal (via Steel City) | Goalie | 1 | $901,637 | $0.90 |
| 4TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 71st | Drury, Ted | Miami | Center | 4 | $1,501,632 | $0.38 |
| 72nd | Iafrate, Al | Grand Rapids | Defense | 2 | $750,720 | $0.38 |
| 73rd | O'Sullivan, Chris | Seattle | Defense | 1 | $1,161,886 | $1.16 |
| 74th | Cairns, Eric | Cleveland | Defense | 8 | $1,320,000 | $0.17 |
| 75th | Todd, Kevin | Chicago | Center | 2 | $1,750,949 | $0.88 |
| 76th | Daigneault, J.J. | Montreal | Defense | 4 | $3,742,823 | $0.94 |
| 77th | Guolla, Stephen | St. Catharines | Center | 3 | $3,725,213 | $1.24 |
| 78th | Johnson, Jim | Hartford | Defense | 1 | $1,119,909 | $1.12 |
| 79th | Petrovicky, Robert | Nunavut | Center | 3 | $2,781,622 | $0.93 |
| 80th | Hawgood, Greg | New Jersey | Defense | 2 | $3,047,479 | $1.52 |
| 81st | Nicholls, Bernie | Alberta | Center | 2 | $1,207,948 | $0.60 |
| 82nd | Domenichelli, Hnat | Philadelphia | Center | 6 | $4,376,411 | $0.73 |
| 83rd | Hannan, Dave | Vancouver | Center | 1 | $677,114 | $0.68 |
| 84th | Manderville, Kent | Québec City | Center | 7 | $4,359,619 | $0.62 |
| 85th | Ray, Rob | Quebec | Right Wing | 7 | $1,993,595 | $0.28 |
| 86th | Tallas, Robbie | Billings (via Detroit) | Goalie | 2 | $1,313,708 | $0.66 |
| 87th | Nurminen, Kai | Oregon | Left Wing | 1 | $2,103,289 | $2.10 |
| 88th | Wiemer, Jason | Steel City | Center | 9 | $2,639,579 | $0.29 |
| 5TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 89th | Probert, Bob | Grand Rapids | Left Wing | 5 | $1,944,265 | $0.39 |
| 90th | Trebil, Dan | Seattle | Defense | 3 | $1,540,391 | $0.51 |
| 91st | Peluso, Mike | Chicago | Left Wing | 3 | $826,685 | $0.28 |
| 92nd | Jomphe, Jean-Francois | Montreal | Center | 1 | $652,825 | $0.65 |
| 93rd | Zettler, Rob | St. Catharines | Defense | 4 | $2,249,717 | $0.56 |
| 94th | Lindsay, Bill | Hartford | Left Wing | 7 | $4,277,340 | $0.61 |
| 95th | Wright, Tyler | New Jersey | Center | 9 | $4,229,615 | $0.47 |
| 96th | Yawney, Trent | Alberta | Defense | 3 | $1,225,457 | $0.41 |
| 97th | Pilon, Rich | Vancouver | Defense | 5 | $1,089,537 | $0.22 |
| 98th | Pronger, Sean | Québec City | Center | 5 | $2,710,179 | $0.54 |
| 99th | Odgers, Jeff | Quebec | Right Wing | 7 | $1,164,083 | $0.17 |
| 100th | Houda, Doug | New Jersey (via Atlanta) | Defense | 2 | $988,723 | $0.49 |
| 101st | Bassen, Bob | Oregon | Center | 4 | $2,296,065 | $0.57 |
| 102nd | McCarthy, Sandy | Steel City | Right Wing | 8 | $2,334,816 | $0.29 |
| 6TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 103rd | Ysebaert, Paul | Grand Rapids | Center | 2 | $1,151,445 | $0.58 |
| 104th | Vopat, Jan | Seattle | Defense | 3 | $2,880,856 | $0.96 |
| 105th | Hendrickson, Darby | Chicago | Center | 8 | $5,217,563 | $0.65 |
| 106th | Semenov, Anatoli | Montreal | Center | 1 | $567,142 | $0.57 |
| 107th | Berg, Bill | New Jersey | Left Wing | 3 | $1,952,879 | $0.65 |
| 108th | Tsulygin, Nikolai | Alberta | Defense | 1 | $307,073 | $0.31 |
| 109th | Bylsma, Dan | Québec City | Right Wing | 6 | $3,469,973 | $0.58 |
| 110th | Macoun, Jamie | Quebec | Defense | 3 | $1,958,980 | $0.65 |
| 111th | Charron, Eric | Oregon | Defense | 2 | $726,812 | $0.36 |
| 112th | Janssens, Mark | Steel City | Center | 5 | $825,000 | $0.17 |
| 7TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 113th | MacTavish, Craig | Grand Rapids | Center | 1 | $165,000 | $0.17 |
| 114th | Kypreos, Nick | Chicago | Left Wing | 1 | $489,580 | $0.49 |
| 115th | Hlushko, Todd | Québec City | Center | 1 | $904,483 | $0.90 |
| 116th | Olsson, Christer | Oregon | Defense | 1 | $790,381 | $0.79 |
| 8TH ROUND SELECTIONS | ||||||
| OVERALL | PLAYER NAME | TEAM | POSITION | YL | SALARY | $/YR |
| 117th | Persson, Ricard | Oregon | Defense | 5 | $5,761,626 | $1.15 |