| OVERALL | PLAYER | TEAM | POSITION |
| 1 | Vincent Lecavalier | TBL | C |
| 2 | David Legwand | NSH | C |
| 3 | Brad Stuart | SJS | D |
| 4 | Bryan Allen | VAN | D |
| 5 | Vitaly Vishnevski | ANA | D |
| 6 | Rico Fata | CGY | L |
| 7 | Manny Malhotra | NYR | C |
| 8 | Mark Bell | CHI | L |
| 9 | Michael Rupp | NYI | C |
| 10 | Nik Antropov | TOR | R |
| 11 | Jeff Heerema | CAR | R |
| 12 | Alex Tanguay | COL | L |
| 13 | Michael Henrich | EDM | R |
| 14 | Patrick Desrochers | PHX | G |
| 15 | Mathieu Chouinard | OTT | G |
| 16 | Eric Chouinard | MTL | C |
| 17 | Martin Skoula | COL | D |
| 18 | Dmitri Kalinin | BUF | D |
| 19 | Robyn Regehr | COL | D |
| 20 | Scott Parker | COL | R |
| 21 | Mathieu Biron | LAK | D |
| 22 | Simon Gagne | PHI | L |
| 23 | Milan Kraft | PIT | C |
| 24 | Christian Backman | STL | D |
| 25 | Jiri Fischer | DET | D |
| 26 | Mike Van Ryn | NJD | D |
| 27 | Scott Gomez | NJD | C |