| Round | Overall | Team | Player | Drafted From |
| 1 | 1 | Phoenix Roadrunners | Greg Joly | Regina |
| 1 | 2 | Indianapolis Racers | Bill Lochead | Oshawa |
| 1 | 3 | Cincinnati Stingers | Dave "Tiger" Williams | Swift Current |
| 1 | 4 | Phoenix Roadrunners | Cam Connor | Flin Flon |
| 1 | 5 | Vancouver Blazers | Ron Greschner | New Westminster |
| 1 | 6 | San Diego Mariners | Rick Chartraw | Kitchener |
| 1 | 7 | Edmonton Oilers | Clark Gillies | Regina |
| 1 | 8 | Chicago Cougars | Paul McIntosh | Peterborough |
| 1 | 9 | Houston Aeros | John Hughes | Toronto |
| 1 | 10 | Cleveland Crusaders | Doug Risebrough | Kitchener |
| 1 | 11 | Winnipeg Jets | Danny Gare | Calgary |
| 1 | 12 | Quebec Nordiques | Alain Daigle | Trois-Rivieres |
| 1 | 13 | Cleveland Crusaders | Bruce Affleck | Denver U |
| 1 | 14 | New England Whalers | Peter Sturgeon | Kitchener |
| 1 | 15 | Houston Aeros | Rich Nantais | Quebec |
| 2 | 16 | Phoenix Roadrunners | Brian Kinsella | Oshawa |
| 2 | 17 | Indianapolis Racers | Bob Bourne | Saskatoon |
| 2 | 18 | Cincinnati Stingers | Dave Inkpen | Edmonton |
| 2 | 19 | Edmonton Oilers | Mike Rogers | Calgary |
| 2 | 20 | Vancouver Blazers | Ron Chipperfield | Brandon |
| 2 | 21 | Cincinnati Stingers | Jerry Holland | Calgary |
| 2 | 22 | Cincinnati Stingers | Bill Evo | Peterborough |
| 2 | 23 | Phoenix Roadrunners | Brad Winton | Toronto |
| 2 | 24 | Cincinnati Stingers | Mike Palmateer | Toronto |
| 2 | 25 | Cleveland Crusaders | J.C. Stewart | Bowling Green |
| 2 | 26 | Winnipeg Jets | Gord McTavish | Sudbury |
| 2 | 27 | Winnipeg Jets | Ron Ashton | Saskatoon |
| 2 | 28 | Minnesota Fighting Saints | John Paddock | Brandon |
| 2 | 29 | New England Whalers | Michel Deziel | Sorel |
| 2 | 30 | Houston Aeros | Terry Ruskowski | Swift Current |