| Pick | Round | Pool Team | Player | Team | Position | Points | Cap Hit |
| 1 | 1 | Chris M. | CROSBY, S. | PIT | F | 72 | 8.700 |
| 2 | 1 | Benson | OVECHKIN, A. | WAS | F | 112 | 9.538 |
| 3 | 1 | Derek W. | MALKIN, E. | PIT | F | 106 | 3.834 |
| 4 | 1 | Grant | PRICE, C. | MTL | G | 56 | 2.200 |
| 5 | 1 | Jeremy | IGINLA, J. | CAL | F | 98 | 7.000 |
| 6 | 1 | John B. | NABOKOV, E. | SAN | G | 106 | 5.375 |
| 7 | 1 | Larry | LIDSTROM, N. | DET | D | 70 | 7.450 |
| 8 | 1 | John P. | LUONGO, R. | VAN | G | 85 | 6.750 |
| 9 | 1 | Peter | BRODEUR, Martin | NJD | G | 100 | 5.200 |
| 10 | 1 | Dennis | HEATLEY, D. | OTT | F | 82 | 7.500 |
| 11 | 1 | Wes | LECAVALIER, V. | TAM | F | 92 | 7.167 |
| 12 | 1 | Clayton | THORNTON, J. | SAN | F | 96 | 7.200 |
| 13 | 1 | Dale B. | ZETTERBERG, H. | DET | F | 92 | 2.650 |
| 14 | 1 | Marcus | DATSYUK, P. | DET | F | 97 | 6.700 |
| 15 | 1 | Ryan M. | SPEZZA, J. | OTT | F | 92 | 7.000 |
| 16 | 1 | Don | KOVALCHUK, I. | ATL | F | 87 | 6.389 |
| 17 | 1 | Dale C. | ALFREDSSON, D. | OTT | F | 89 | 4.338 |
| 44 | 2 | Dale C. | LUNDQVIST, H. | NYR | G | 94 | 6.875 |
| 45 | 2 | Don | FLEURY, M. | PIT | G | 47 | 5.000 |
| 46 | 2 | Ryan M. | KIPRUSOFF, M. | CAL | G | 84 | 5.833 |
| 47 | 2 | Marcus | HUET, C. | CHI | G | 74 | 5.625 |
| 48 | 2 | Dale B. | GIGUERE, J. | ANA | G | 78 | 6.000 |
| 49 | 2 | Clayton | STAAL, E. | CAR | F | 82 | 4.500 |
| 50 | 2 | Wes | WARD, C. | CAR | G | 83 | 2.667 |
| 51 | 2 | Dennis | OSGOOD, C. | DET | G | 65 | 1.416 |
| 52 | 2 | Peter | TURCO, M. | DAL | G | 73 | 5.700 |
| 53 | 2 | John P. | SEDIN, H. | VAN | F | 76 | 3.575 |
| 54 | 2 | Larry | BACKSTROM, Niklas | MIN | G | 74 | 3.100 |
| 55 | 2 | John B. | GETZLAF, R. | ANA | F | 82 | 5.325 |
| 56 | 2 | Jeremy | MILLER, R. | BUF | G | 79 | 2.667 |
| 57 | 2 | Grant | GERBER, M. | OTT | G | 66 | 3.700 |
| 58 | 2 | Derek W. | TOEWS, J. | CHI | F | 54 | 2.800 |
| 59 | 2 | Benson | STREIT, M. | NYI | D | 62 | 4.100 |
| 60 | 2 | Chris M. | THEODORE, J. | WAS | G | 64 | 4.500 |
| 61 | 3 | Chris M. | BRYZGALOV, I. | PHO | G | 62 | 4.250 |
| 62 | 3 | Benson | BIRON, Martin | PHI | G | 71 | 3.500 |
| 63 | 3 | Derek W. | LECLAIRE, P. | CBJ | G | 68 | 3.800 |
| 64 | 3 | Grant | PHANEUF, D. | CAL | D | 60 | 6.500 |
| 65 | 3 | Jeremy | ST LOUIS, M. | TAM | F | 83 | 5.250 |
| 66 | 3 | John B. | KOPITAR, A. | LOS | F | 77 | 0.955 |
| 67 | 3 | Larry | GREEN, Mike | WAS | D | 56 | 5.250 |
| 68 | 3 | John P. | HOSSA, Marian | DET | F | 66 | 7.400 |
| 69 | 3 | Peter | SAVARD, M. | BOS | F | 78 | 5.000 |
| 70 | 3 | Dennis | JOKINEN, O. | PHO | F | 71 | 5.250 |
| 71 | 3 | Wes | MARKOV, A. | MTL | D | 58 | 5.750 |
| 72 | 3 | Clayton | RICHARDS, M. | PHI | F | 75 | 5.750 |
| 73 | 3 | Dale B. | GABORIK, M. | MIN | F | 83 | 6.333 |
| 74 | 3 | Marcus | CAMMALLERI, M. | CAL | F | 47 | 3.350 |
| 75 | 3 | Ryan M. | RAFALSKI, B. | DET | D | 55 | 6.000 |
| 76 | 3 | Don | BRIERE, D. | PHI | F | 72 | 6.500 |
| 77 | 3 | Dale C. | BACKSTROM, Nicklas | WAS | F | 69 | 2.400 |
| 78 | 4 | Dale C. | RICHARDS, B. | DAL | F | 62 | 7.800 |
| 79 | 4 | Don | LUPUL, J. | PHI | F | 46 | 2.312 |
| 80 | 4 | Ryan M. | NASH, R. | CBJ | F | 69 | 5.400 |
| 81 | 4 | Marcus | THOMAS, T. | BOS | G | 62 | 1.100 |
| 82 | 4 | Dale B. | STATSNY, P. | COL | F | 71 | 0.850 |
| 83 | 4 | Clayton | KOVALEV, A. | MTL | F | 84 | 4.500 |
| 84 | 4 | Wes | CAMPBELL, B. | CHI | D | 62 | 7.100 |
| 85 | 4 | Dennis | GARON, M. | EDM | G | 60 | 1.100 |
| 86 | 4 | Peter | NIEDERMAYER, S. | ANA | D | 25 | 6.750 |
| 87 | 4 | John P. | TOSKALA, V. | TOR | G | 77 | 4.000 |
| 88 | 4 | Larry | ELLIS, D. | NAS | G | 58 | 1.750 |
| 89 | 4 | John B. | HUSELIUS, K. | CBJ | F | 66 | 4.750 |
| 90 | 4 | Jeremy | ROY, Derek | BUF | F | 81 | 4.000 |
| 91 | 4 | Grant | DOAN, S. | PHO | F | 78 | 4.500 |
| 92 | 4 | Derek W. | TIMONEN, K. | PHI | D | 44 | 6.333 |
| 93 | 4 | Benson | RIBEIRO, M. | DAL | F | 83 | 5.000 |
| 94 | 4 | Chris M. | SELANNE, T. | ANA | F | 23 | 2.625 |
| 95 | 5 | Chris M. | HORCOFF, S. | EDM | F | 50 | 3.600 |
| 96 | 5 | Benson | CHARA, Z. | BOS | D | 51 | 7.500 |
| 97 | 5 | Derek W. | BOYLE, D. | SAN | D | 25 | 6.667 |
| 98 | 5 | Grant | JOVANOVSKI, E. | PHO | D | 51 | 6.500 |
| 99 | 5 | Jeremy | GONCHAR, S. | PIT | D | 65 | 5.000 |
| 100 | 5 | John B. | LANGKOW, D. | CAL | F | 65 | 5.000 |
| 101 | 5 | Larry | ZUBOV, S. | DAL | D | 35 | 5.350 |
| 102 | 5 | John P. | SEDIN, D. | VAN | F | 74 | 3.575 |
| 103 | 5 | Peter | HEMSKY, A. | EDM | F | 71 | 4.100 |
| 104 | 5 | Dennis | COLE, Erik | EDM | F | 51 | 4.000 |
| 105 | 5 | Wes | PLEKANEC, T. | MTL | F | 69 | 1.600 |
| 106 | 5 | Clayton | POMINVILLE, J. | BUF | F | 80 | 1.033 |
| 107 | 5 | Dale B. | KANE, P. | CHI | F | 72 | 3.725 |
| 108 | 5 | Marcus | MORROW, B. | DAL | F | 74 | 4.100 |
| 109 | 5 | Ryan M. | PERRY, C. | ANA | F | 54 | 5.325 |
| 110 | 5 | Don | VOKOUN, T. | FLA | G | 74 | 5.700 |
| 111 | 5 | Dale C. | VANEK, T. | BUF | F | 64 | 7.142 |
| 112 | 6 | Dale C. | NYLANDER, M. | WAS | F | 37 | 4.875 |
| 113 | 6 | Don | PRONGER, C. | ANA | D | 43 | 6.250 |
| 114 | 6 | Ryan M. | CORVO, J. | CAR | D | 48 | 2.625 |
| 115 | 6 | Marcus | DUMONT, J. | NAS | F | 72 | 4.000 |
| 116 | 6 | Dale B. | GOMEZ, S. | NYR | F | 70 | 7.357 |
| 117 | 6 | Clayton | PARISE, Z. | NJD | F | 65 | 3.125 |
| 118 | 6 | Wes | SAKIC, J. | COL | F | 40 | 6.000 |
| 119 | 6 | Dennis | VISNOVSKY, L. | EDM | D | 41 | 5.600 |
| 120 | 6 | Peter | HORTON, N. | FLA | F | 62 | 4.000 |
| 121 | 6 | John P. | COBURN, B. | PHI | D | 36 | 1.300 |
| 122 | 6 | Larry | SHARP, P. | CHI | F | 62 | 3.900 |
| 123 | 6 | John B. | ARNOTT, J. | NAS | F | 72 | 4.500 |
| 124 | 6 | Jeremy | KHABIBULIN, N. | CHI | G | 52 | 6.750 |
| 125 | 6 | Grant | BURNS, B. | MIN | D | 43 | 3.550 |
| 126 | 6 | Derek W. | MASON, C. | STL | G | 45 | 3.000 |
| 127 | 6 | Benson | DIPIETRO, R. | NYI | G | 64 | 4.500 |
| 128 | 6 | Chris M. | BYFUGLIEN, D. | CHI | D | 36 | 3.000 |
| 129 | 7 | Chris M. | STAMKOS, Steven | TAM | F | 0 | 3.725 |
| 130 | 7 | Benson | CHEECHOO, J. | SAN | F | 37 | 3.000 |
| 131 | 7 | Derek W. | BOUWMEESTER, J. | FLA | D | 37 | 4.875 |
| 132 | 7 | Grant | WHITNEY, Ryan | PIT | D | 40 | 4.000 |
| 133 | 7 | Jeremy | FROLOV, A. | LOS | F | 67 | 2.900 |
| 134 | 7 | John B. | PROSPAL, V. | TAM | F | 71 | 3.500 |
| 135 | 7 | Larry | SATAN, M. | PIT | F | 41 | 3.500 |
| 136 | 7 | John P. | MICHALEK, M. | SAN | F | 55 | 4.333 |
| 137 | 7 | Peter | ZIDLICKY, M. | MIN | D | 43 | 3.350 |
| 138 | 7 | Dennis | MCCABE, B. | FLA | D | 23 | 5.750 |
| 139 | 7 | Wes | BOYES, B. | STL | F | 65 | 4.000 |
| 140 | 7 | Clayton | KARIYA, P. | STL | F | 65 | 6.000 |
| 141 | 7 | Dale B. | KABERLE, T. | TOR | D | 53 | 4.250 |
| 142 | 7 | Marcus | ANTROPOV, N. | TOR | F | 56 | 2.050 |
| 143 | 7 | Ryan M. | ZHERDEV, N. | NYR | F | 61 | 2.500 |
| 144 | 7 | Don | DRURY, C. | NYR | F | 58 | 7.050 |
| 145 | 7 | Dale C. | SEMIN, A. | WAS | F | 42 | 4.600 |
| 146 | 8 | Dale C. | SOURAY, S. | EDM | D | 10 | 5.400 |
| 147 | 8 | Don | NASLUND, M. | NYR | F | 55 | 4.000 |
| 148 | 8 | Ryan M. | KOSTITSYN, A. | MTL | F | 53 | 3.250 |
| 149 | 8 | Marcus | HUDLER, J. | DET | F | 42 | 1.015 |
| 150 | 8 | Dale B. | MARLEAU, P. | SAN | F | 48 | 6.300 |
| 151 | 8 | Clayton | BROWN, Dustin | LOS | F | 60 | 3.175 |
| 152 | 8 | Wes | STURM, M. | BOS | F | 56 | 3.500 |
| 153 | 8 | Dennis | KRONVALL, N. | DET | D | 35 | 3.000 |
| 154 | 8 | Peter | ELIAS, P. | NJD | F | 55 | 6.000 |
| 155 | 8 | John P. | PITKANEN, J. | CAR | D | 26 | 4.000 |
| 156 | 8 | Larry | GAGNE, S. | PHI | F | 18 | 5.250 |
| 157 | 8 | John B. | LEGACE, M. | STL | G | 66 | 2.150 |
| 158 | 8 | Jeremy | KUBINA, P. | TOR | D | 40 | 5.000 |
| 159 | 8 | Grant | ROLSTON, B. | NJD | F | 59 | 5.000 |
| 160 | 8 | Derek W. | SYKORA, Petr | PIT | F | 63 | 2.500 |
| 161 | 8 | Benson | FRANZEN, J. | DET | F | 38 | 0.941 |
| 162 | 8 | Chris M. | STILLMAN, C. | FLA | F | 65 | 3.533 |
| 163 | 9 | Chris M. | VRBATA, R. | TAM | F | 56 | 3.000 |
| 164 | 9 | Benson | BERTUZZI, T. | CAL | F | 40 | 1.950 |
| 165 | 9 | Derek W. | SCHNEIDER, M. | ATL | D | 39 | 5.625 |
| 166 | 9 | Grant | TANGUAY, A. | MTL | F | 58 | 5.250 |
| 167 | 9 | Jeremy | BOUCHARD, P. | MIN | F | 63 | 4.080 |
| 168 | 9 | John B. | WHITNEY, Ray | CAR | F | 61 | 3.550 |
| 169 | 9 | Larry | MUELLER, P. | PHO | F | 54 | 1.700 |
| 170 | 9 | John P. | CARTER, J. | PHI | F | 53 | 5.000 |
| 171 | 9 | Peter | BERGERON, P. | BOS | F | 7 | 4.750 |
| 172 | 9 | Dennis | DEMITRA, P. | VAN | F | 54 | 4.000 |
| 173 | 9 | Wes | MCDONALD, A. | STL | F | 52 | 3.333 |
| 174 | 9 | Clayton | LEHTONEN, K. | ATL | G | 44 | 3.000 |
| 175 | 9 | Dale B. | KOLZIG, O. | TAM | G | 54 | 2.500 |
| 176 | 9 | Marcus | REDDEN, W. | NYR | D | 38 | 6.500 |
| 177 | 9 | Ryan M. | HIGGINS, C. | MTL | F | 52 | 1.700 |
| 178 | 9 | Don | SMYTH, R. | COL | F | 37 | 6.250 |
| 179 | 9 | Dale C. | JONES, R. | PHI | D | 31 | 2.750 |
| 180 | 10 | Dale C. | AULD, A. | OTT | G | 30 | 1.000 |
| 181 | 10 | Don | BRUNETTE, A. | MIN | F | 59 | 2.333 |
| 182 | 10 | Ryan M. | HEJDUK, M. | COL | F | 54 | 3.900 |
| 183 | 10 | Marcus | KOIVU, S. | MTL | F | 56 | 4.750 |
| 184 | 10 | Dale B. | BRIND'AMOUR, R. | CAR | F | 51 | 3.600 |
| 185 | 10 | Clayton | BUDAJ, P. | COL | G | 33 | 0.700 |
| 186 | 10 | Wes | KUNITZ, C. | ANA | F | 50 | 3.725 |
| 187 | 10 | Dennis | GAGNER, S. | EDM | F | 49 | 1.625 |
| 188 | 10 | Peter | GIONTA, B. | NJD | F | 53 | 4.000 |
| 189 | 10 | John P. | O'SULLIVAN, P. | LOS | F | 53 | 2.925 |
| 190 | 10 | Larry | CONNOLLY, T. | BUF | F | 40 | 2.900 |
| 191 | 10 | John B. | TKACHUK, K. | STL | F | 58 | 4.000 |
| 192 | 10 | Jeremy | KOIVU, M. | MIN | F | 42 | 3.250 |
| 193 | 10 | Grant | COGLIANO, A. | EDM | F | 45 | 1.133 |
| 194 | 10 | Derek W. | GIROUX, C. | PHI | F | 0 | 0.850 |
| 195 | 10 | Benson | SVATOS, M. | COL | F | 37 | 2.050 |
| 196 | 10 | Chris M. | FEDOTENKO, R. | PIT | F | 33 | 2.500 |
| 197 | 11 | Chris M. | KUBA, F. | OTT | D | 31 | 3.000 |
| 198 | 11 | Benson | KESSEL, P. | BOS | F | 37 | 2.200 |
| 199 | 11 | Derek W. | FISHER, M. | OTT | F | 47 | 4.200 |
| 200 | 11 | Grant | KNUBLE, M. | PHI | F | 55 | 2.800 |
| 201 | 11 | Jeremy | RADULOV, A. | NAS | F | 58 | 0.919 |
| 202 | 11 | John B. | ROZSIVAL, M. | NYR | D | 38 | 5.000 |
| 203 | 11 | Larry | SPACEK, J. | BUF | D | 32 | 3.333 |
| 204 | 11 | John P. | LETANG, K. | PIT | D | 17 | 0.835 |
| 205 | 11 | Peter | UMBERGER, R. | CBJ | F | 50 | 3.750 |
| 206 | 11 | Dennis | RYDER, M. | BOS | F | 31 | 4.000 |
| 207 | 11 | Wes | AFINOGENOV, M. | BUF | F | 28 | 3.333 |
| 208 | 11 | Clayton | SALO, S. | VAN | D | 25 | 3.500 |
| 209 | 11 | Dale B. | TURRIS, K. | PHO | F | 1 | 0.875 |
| 210 | 11 | Marcus | MESZAROS, A. | TAM | D | 36 | 4.000 |
| 211 | 11 | Ryan M. | LOMBARDI, M. | CAL | F | 36 | 1.816 |
| 212 | 11 | Don | HOLMSTROM, T. | DET | F | 40 | 2.250 |
| 213 | 11 | Dale C. | WOLSKI, W. | COL | F | 48 | 2.800 |
| 214 | 12 | Dale C. | VERMETTE, A. | OTT | F | 53 | 2.763 |
| 215 | 12 | Don | RIVET, C. | BUF | D | 35 | 3.500 |
| 216 | 12 | Ryan M. | LILES, J. | COL | D | 32 | 4.000 |
| 217 | 12 | Marcus | SALEI, R. | COL | D | 30 | 3.025 |
| 218 | 12 | Dale B. | AUCOIN, A. | CAL | D | 35 | 4.000 |
| 219 | 12 | Clayton | OHLUND, M. | VAN | D | 24 | 3.500 |
| 220 | 12 | Wes | SEABROOK, B. | CHI | D | 32 | 3.500 |
| 221 | 12 | Dennis | HAINSEY, R. | ATL | D | 32 | 4.500 |
| 222 | 12 | Peter | ERAT, M. | NAS | F | 57 | 4.500 |
| 223 | 12 | John P. | BERNIER, S. | VAN | F | 32 | 2.500 |
| 224 | 12 | Larry | STAAL, J. | PIT | F | 28 | 2.200 |
| 225 | 12 | John B. | ENSTROM, T. | ATL | D | 38 | 0.900 |
| 226 | 12 | Jeremy | WEBER, S. | NAS | D | 20 | 4.500 |
| 227 | 12 | Grant | MALONE, R. | TAM | F | 51 | 4.500 |
| 228 | 12 | Derek W. | LANG, R. | MTL | F | 54 | 4.000 |
| 229 | 12 | Benson | STAAL, M. | NYR | D | 10 | 0.827 |
| 230 | 12 | Chris M. | BLAKE, R. | SAN | D | 31 | 5.000 |
| 231 | 13 | Chris M. | RANGER, P. | TAM | D | 31 | 0.933 |
| 232 | 13 | Benson | STAFFORD, D. | BUF | F | 38 | 0.984 |
| 233 | 13 | Derek W. | CLEARY, D. | DET | F | 42 | 2.800 |
| 234 | 13 | Grant | KOBASEW, C. | BOS | F | 39 | 2.333 |
| 235 | 13 | Jeremy | STEEN, A. | TOR | F | 42 | 1.700 |
| 236 | 13 | John B. | WIDEMAN, D. | BOS | D | 36 | 3.900 |
| 237 | 13 | Larry | LEHTINEN, J. | DAL | F | 37 | 4.000 |
| 238 | 13 | John P. | COMRIE, M. | NYI | F | 49 | 4.000 |
| 239 | 13 | Peter | CARLE, M. | TAM | D | 15 | 3.438 |
| 240 | 13 | Dennis | PENNER, D. | EDM | F | 47 | 4.250 |
| 241 | 13 | Wes | MORRIS, Derek | PHO | D | 25 | 3.916 |
| 242 | 13 | Clayton | GIRARDI, D. | NYR | D | 28 | 1.550 |
| 243 | 13 | Dale B. | BRISEBOIS, P. | MTL | D | 11 | 1.500 |
| 244 | 13 | Marcus | GLENCROSS, C. | CAL | F | 25 | 1.067 |
| 245 | 13 | Ryan M. | BACKMAN, C. | CBJ | D | 18 | 2.300 |
| 246 | 13 | Don | SUTER, R. | NAS | D | 31 | 3.500 |
| 247 | 13 | Dale C. | CLARK, B. | COL | D | 21 | 3.500 |
| 248 | 14 | Dale C. | SEIDENBERG, D. | CAR | D | 15 | 1.200 |
| 249 | 14 | Don | GILBERT, T. | EDM | D | 33 | 4.000 |
| 250 | 14 | Ryan M. | TELLQVIST, M. | PHO | G | 23 | 0.800 |
| 251 | 14 | Marcus | HAMRLIK, R. | MTL | D | 26 | 5.500 |
| 252 | 14 | Dale B. | POTI, T. | WAS | D | 29 | 3.500 |
| 253 | 14 | Clayton | STUART, B. | DET | D | 23 | 3.750 |
| 254 | 14 | Wes | SMITH, Mike | TAM | G | 37 | 0.950 |
| 255 | 14 | Dennis | BLAKE, J. | TOR | F | 52 | 4.000 |
| 256 | 14 | Peter | DOUGHTY, Drew | LOS | D | 0 | 3.475 |
| 257 | 14 | John P. | STRALMAN, A. | TOR | D | 9 | 0.732 |
| 258 | 14 | Larry | CULLEN, Matt | CAR | F | 49 | 2.875 |
| 259 | 14 | John B. | KEITH, D. | CHI | D | 32 | 1.475 |
| 260 | 14 | Jeremy | MARTIN, P. | NJD | D | 32 | 3.833 |
| 261 | 14 | Grant | LEGWAND, D. | NAS | F | 44 | 4.500 |
| 262 | 14 | Derek W. | JOKINEN, J. | TAM | F | 42 | 1.812 |
| 263 | 14 | Benson | HAMHUIS, D. | NAS | D | 27 | 2.000 |
| 264 | 14 | Chris M. | FILATOV, Nikita | CBJ | F | 0 | 2.225 |