| Rank | Player | Team | GAA |
| 1 | M. Kiprusoff | CGY | 1.69 |
| 2 | D. Roloson | 1.88 | |
| 3 | M. Turco | 1.98 | |
| 4 | M. Brodeur | NJD | 2.03 |
| 5 | R. Esche | 2.04 | |
| 6 | A. Raycroft | 2.05 | |
| 7 | V. Toskala | 2.06 | |
| 8 | J. Grahame | 2.06 | |
| 9 | D. Aebischer | 2.09 | |
| 10 | M. Prusek | 2.12 | |
| 11 | M. Legace | 2.12 | |
| 12 | E. Belfour | 2.13 | |
| 13 | E. Nabokov | NYI | 2.20 |
| 14 | C. Osgood | 2.24 | |
| 15 | M. Gerber | 2.26 | |
| 16 | J. Theodore | FLA | 2.27 |
| 17 | D. Cloutier | 2.27 | |
| 18 | P. Lalime | 2.29 | |
| 19 | J. McLennan | 2.31 | |
| 20 | K. Weekes | 2.33 |