| Player | Recruited from | New Club |
| Dion Scott | Sydney | Brisbane |
| Paul Peos | West Coast | Brisbane |
| Paul Spargo | North Melbourne | Brisbane |
| Scott Watters | West Coast | Sydney |
| Jayson Daniels | St Kilda | Sydney |
| Ed Considine | Essendon | Sydney |
| Dean McCrae | North Melbourne | Sydney |
| Richard Ambrose | Essendon | Sydney |
| Tony Begovich | West Coast | Sydney |
| Tony Malakellis | Geelong | Sydney |
| Michael Werner | Essendon | Sydney |
| John Blakey | Fitzroy | North Melbourne |
| Dean Laidley | West Coast | North Melbourne |
| Adrian Campbell | Footscray | Melbourne |
| Tim Powell | Richmond | Carlton |
| Darren Baxter | Footscray | Hawthorn |
| Tim Allen | St Kilda | Hawthorn |
| Dean Anderson | Hawthorn | St KIlda |
| Ian Aitken | Carlton | St Kilda |
| Chris Wittman | Hawthorn | St Kilda |
| Luke Beveridge | Melbourne | Footscray |
| Lian Pickering | North Melbourne | Geelong |
| Darren Steele | North Melbourne | Geelong |
| Leigh Tudor | North Melbourne | Geelong |
| Mathew Robran | Hawthorn | Adelaide |
| Stuart Wigney | Sydney | Adelaide |
| James Manson | Collingwood | Fitzroy |
| John McCarthy | North Melbourne | Fitzroy |
| Pick | Player | Recruited from | New Club |
| 1 | Drew Banfield | Subiaco | West Coast |
| 2 | Nathan Chapman | Kangaroo Flat (VCFL) | Brisbane |
| 3 | Michael Prior | East Perth | Essendon |
| 4 | Justin Leppitsch | Southern (U18) | Brisbane |
| 5 | Jason Spinks | Sth Fremantle | Sydney |
| 6 | Robert Pyman | SA Eagles | North Melbourne |
| 7 | Wayne Hernaman | Sth Fremantle | Richmond |
| 8 | Paul Symmonds | West Perth | West Coast |
| 9 | Martin Pike | Norwood | Melbourne |
| 10 | Brett Chalmers | Port Adelaide | Collingwood |
| 11 | Jonathon Robran | Norwood | Hawthorn |
| 12 | Tony Delany | Claremont | Essendon |
| 13 | Andrew McKay | Glenelg | Carlton |
| 14 | Nick Holland | Nth Adelaide | Hawthorn |
| 15 | Damian Houlihan | Corowa (VCFL) | Collingwood |
| 16 | Brodie Atkinson | Nth Adelaide | St Kilda |
| 17 | Kym Koster | Sth Adelaide | Footscray |
| 18 | Leigh Colbert | Sth Bendigo (VCFL) | Geelong |
| 19 | Lee Walker | East Perth | West Coast |
| 20 | Scott Cummings | Swan Districts | Essendon |
| 21 | Shane Bond | Port Adelaide | West Coast |
| 22 | Mark Jones | Norwood | Richmond |
| 23 | Warren Campbell | Sth Fremantle | North Melbourne |
| 24 | Brett Jeffrey | Boort | Melbourne |
| 25 | John Barker | Northern (U18) | Fitzroy |
| 26 | Martin McKinnon | Central Districts | Adelaide |
| 27 | Kieran Murrihy | Geelong (U18) | Essendon |
| 28 | Jamie Tape | SA Eagles | Richmond |
| 29 | Sam Philipou | SA Eagles | Footscray |
| 30 | Paul Ridley | Subiaco | Collingwood |
| 31 | Shane Wakelin | Port Adelaide | St Kilda |
| 32 | Peter Quill | East Fremantle | Footscray |
| 33 | Corey Robertson | Burnie Hawks | Geelong |
| 34 | Travis Burton | Subiaco | West Coast |
| 35 | Scott Robinson | Norwood | Sydney |
| 36 | Tim Sherman | Geelong (U18) | Brisbane |
| 37 | Mathew Rogers | Sth Adelaide | Richmond |
| 38 | David Deighton | Westbrook | North Melbourne |
| 39 | Mathew Kluzek | SA Eagles | Melbourne |
| 40 | Michael Dunstan | Sth Fremantle | Fitzroy |
| 41 | Brook Fogden | West Adelaide | Adelaide |
| 42 | Che Cockatoo-Collins | Port Adelaide | Essendon |
| 43 | Adrian Whitehead | Wodonga (VCFL) | Carlton |
| 44 | Chris Gerreyn | Claremont | Hawthorn |
| 45 | Scott Thompson | Subiaco | Collingwood |
| 46 | Mathew Jackson | Centrals (U18) | St Kilda |
| 47 | Dillon Flavell | Sth Bendigo (VCFL) | Footscray |
| 48 | Andrew Osborne | Sth Adelaide | Geelong |
| 49 | Jarrod Schofield | Subiaco | West Coast |
| 50 | Andrew Donnelly | Subiaco | Sydney |
| 51 | Adam Williamson | Centrals (U18) | Brisbane |
| 52 | Paul Bulluss | SA Eagles | Richmond |
| 53 | Mathew Moon North | Centrals (U18) | Melbourne |
| 54 | Daniel Clark | West Brisbane | Melbourne |
| 55 | Mathew Capuano | Geelong (U18) | North Melbourne |
| 56 | Mathew Powell | Sth Adelaide | Adelaide |
| 57 | Russell Williams | Sth Fremantle | Essendon |
| 58 | Chris Peel | Swan Districts | Carlton |
| 59 | Scott Allen | Port Arlington | Footscray |
| 60 | Tim Scott-Branagan | Central (U18) | Collingwood |
| 61 | Luke Raynor | Geelong (U18) | Carlton |
| 62 | Damien Ryan | Footscray | Footscray |
| 63 | Mathew McMurray | Perth | Geelong |
| 64 | Tony Godden | Subiaco | West Coast |
| 65 | Gerard Power | Northern (U18) | Geelong |
| 66 | Aaron Lord | Central (U18) | Brisbane |
| 67 | Brady Leckie | West Perth | Richmond |
| 68 | Travis Miller | Warragul | Fitzroy |
| 69 | Scott Simister | Springvale | Melbourne |
| 70 | Dan Morton | Nth Adelaide | Fitzroy |
| 71 | Mathew Aston | Geelong (U18) | Sydney |
| 72 | Mathew Wadewitz | Sth Adelaide | Essendon |
| 73 | Tony Plym | Golden Square | Carlton |
| 74 | Tim Hargraeves | Berrigan | Hawthorn |
| 75 | Chris Batka | Subiaco | Collingwood |
| 76 | Hugh Reimers | Central Districts | St Kilda |
| 77 | Brad Copeland | Western (U18) | Footscray |
| 78 | Damien Crowe | De La Salle | Geelong |
| 79 | Brett Spinks | Sth Fremantle | West Coast |
| 80 | Stephen Newport | Melbourne | St Kilda |
| 81 | Michael Murphy | Adelaide | Brisbane |
| 82 | Robert Schaeffer | Sturt | Richmond |
| 83 | Jeremy Silcock | East Perth | North Melbourne |
| 84 | Damien Gaspar | East Fremantle | Melbourne |
| 85 | Tristan Lynch | Sale | Collingwood |
| 86 | Sam Smart | Norwood | Adelaide |
| 87 | Damien Hardwick | Springvale | Essendon |
| 88 | Troy Bond Carlton | Adelaide | Port |
| 89 | Hamish Stewart | Glenelg | Hawthorn |
| 90 | Scott Burns | Norwood | Collingwood |
| 91 | Jeremy McVay | Eastern (U18) | St Kilda |
| 92 | Daniel Southern | Claremont | Footscray |
| 93 | Adam Shanahan | Sth Bendigo | Geelong |
| 94 | Rhys Croxford | Claremont | West Coast |
| 95 | Scott Direen | New Norfolk | Sydney |
| 96 | Trent Mills | Sth Adelaide | Brisbane |
| 97 | John Howat | Melbourne | Richmond |
| 98 | Adrian McAdam | Sth Alice Springs | North Melbourne |
| 99 | Jeff Hilton | St Kilda | Melbourne |
| 100 | Troy Davies | Devonport | Fitzroy |
| 101 | Troy Hull | Port Adelaide | Sydney |
| 102 | Jason Bell | Red Cliffs | Essendon |
| 103 | Ben Harrison | Devonport | Carlton |
| 104 | Andrew Kemp | West Adelaide | Hawthorn |
| 105 | Julien Waite | Port Adelaide | Collingwood |
| 106 | Craig Treleven | East Fremantle | St Kilda |
| 107 | Gary Barrow | Footscray | Footscray |
| 108 | Brian Bienke | Port Adelaide | Geelong |
| 109 | David Muir (footballer) | Claremont | West Coast |
| 110 | Jeff Chandler | North Melbourne | North Melbourne |
| 111 | Michael Gaffney | Port Adelaide | Sydney |
| 112 | Ben Careless | Glenorchy | Richmond |
| 113 | Damon Armstrong | Moama | North Melbourne |
| 114 | Richard Marr | Central Districts | Fitzroy |
| 115 | Paul Whelan | Ainslie (ACT) | Footscray |
| 116 | Michael Gooden | West Adelaide | Adelaide |
| 117 | Vince Cappadona | Geelong (U18) | Essendon |
| 118 | Scott Spalding | Perth | Carlton |
| 119 | Scott Morrison | St Kilda | St Kilda |
| 120 | Troy Olsen | Port Adelaide | Collingwood |
| 121 | Ben Ellinghaus | Melbourne Grammer | Hawthorn |
| 122 | Damon Munt | Norwood | Melbourne |
| 123 | Martin Christensen | North Melbourne | North Melbourne |
| 124 | Braden Lyle | Port Adelaide | West Coast |
| Pick | Player | Recruited from | New Club |
| 1 | Richard Osborne | Fitzroy | Sydney |
| 2 | Brendon McCormack | Sydney | Brisbane |
| 3 | Paul Bryce | Melbourne | Sydney |
| 4 | Adrian Fletcher | Geelong | Brisbane |
| 5 | John Hutton | Brisbane | Sydney |
| 6 | Martin Heffernan | Geelong | Brisbane |
| 7 | Stuart Steele | Hawthorn U19s | Richmond |
| 8 | Greg Eppelstun | Footscray | North Melbourne |
| 9 | Glen Freeborn | Woodville-West Torrens Eagles | Melbourne |
| 10 | Mark Zanotti | Brisbane | Fitzroy |
| 11 | Darryl Wakelin | Port Adelaide | Adelaide |
| 12 | Tim Watson | West Coast | Essendon |
| 13 | Andrew Leoncelli | Old Xavierians | Carlton |
| 14 | Robert Walker | Richmond | Hawthorn |
| 15 | Barry Mitchell | Sydney | Collingwood |
| 16 | Mark Arceri | Carlton | St Kilda |
| 17 | Anthony Darcy | Geelong | Footscray |
| 18 | Mathew McMartin | Colac | Geelong |
| 19 | Brendon Retzlaff | Brisbane | West Coast |
| 20 | Ben Doolan | Sydney | Essendon |
| 21 | Ryan Humphreys | Subiaco | Sydney |
| 22 | Craig McRae | Glenelg | Brisbane |
| 23 | Chris Bond | Carlton | Richmond |
| 24 | Paul Geister | Central Districts | North Melbourne |
| 25 | Ivan Bartul | Sth Fremantle | Melbourne |
| 26 | Adam Sheridan | St Mary's (NT) | Fitzroy |
| 27 | Josh Mail | North Adelaide | Adelaide |
| 28 | Lachlan Ross | West Adelaide | Essendon |
| 29 | Damien Sheehan | Port Adelaide | Carlton |
| 30 | Mark Bunn | Fitzroy | Hawthorn |
| 31 | Brett James | Norwood | Collingwood |
| 32 | Martin Heppell | Carey Grammer | St Kilda |
| 33 | Brad Nicholson | Eastern (U18) | Footscray |
| 34 | Shane Crothers | Grovedale (VCFL) | Geelong |
| 35 | Travis Edmonds | Hawthorn | West Coast |
| 36 | Darren Mead | Port Adelaide | Brisbane |
| 37 | Simon Verbeek | Carlton | Richmond |
| 38 | Brendon Bower | Essendon | North Melbourne |
| 39 | Mathew McKay | Melbourne | Melbourne |
| 40 | Brett Rowe | Nth Brisbane | Fitzroy |
| 41 | Nick Pesch | Woodville West Torrens Eagles | Adelaide |
| 42 | Brad Fox | Essendon | Essendon |
| 43 | Mathew Penny | Box Hill (VFA) | Carlton |
| 44 | Austin McCrabb | Hawthorn | Hawthorn |
| 45 | Kent Butcher | Geelong | Collingwood |
| 46 | Chris Hollow | Dandenong (VFA) | St Kilda |
| 47 | Craig Ellis | Western (U18) | Footscray |
| 48 | Mark Ballan | Geelong | Geelong |
| 49 | Brendon Green | Claremont | West Coast |
| 50 | Julien Waite | Port Adelaide | Brisbane |
| 51 | Simon Eishold | Melbourne | Richmond |
| 52 | Rodney McKay | North Melbourne | North Melbourne |
| 53 | Paul Prymke | SA Eagles | Melbourne |
| 54 | James Saywell | Central Districts | Fitzroy |
| 55 | Simon Pedler | Port Adelaide | Adelaide |
| 56 | Brendon Duncan | Western (U18) | Essendon |
| 57 | Chris O'Dwyer | Sydney | Carlton |
| 58 | Guy Rigoni | Myrtleford (VCFL) | Hawthorn |
| 59 | Jason Williams | Williamstown (VFA) | Collingwood |
| 60 | Darren Bourke | Dandenong (VFA) | St Kilda |
| 61 | Daniel Fletcher | Geelong (U18) | Geelong |
| 62 | John Klug | Adelaide | Brisbane |
| 63 | Tim Livingstone | Box Hill | Richmond |
| 64 | Darren Tarczon | Carlton | North Melbourne |
| 65 | Nick Mitchell | St Bernards | Fitzroy |
| 66 | Darren Bartsch | West Adelaide | Essendon |
| 67 | Kevin Holmes | Claremont | Carlton |
| 68 | Andrew Tranquilli | Marcellin | Collingwood |
| 69 | Leigh Capsalis | Keysborough (VMFL) | St Kilda |
| 70 | Shane Breur | SA Eagles | Geelong |
| 71 | Julian Burton | Port Adelaide | Brisbane |
| 72 | Adam Jones | Richmond | Richmond |
| 73 | Simon Farrer | Stawell (VCFL) | Fitzroy |
| 74 | Christian Davidson | Old Collegians | Carlton |
| 75 | Terry Board | Brisbane | Collingwood |
| 76 | Nick Hanson | Sandringham (VFA) | St Kilda |
| 77 | Damon Lukins | Claremont | Geelong |
| 78 | Danny Craven | St Kilda | Brisbane |
| 79 | Greg Wooten | South Fremantle | St Kilda |
| 80 | David Niemann | Woodville-West Torrens Eagles | St Kilda |
| 81 | Jason Mifsud | Mortlake (VCFL) | St Kilda |
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