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| Round | Pick | Team | Name | Pos | Age | College | Height | Weight |
| 1 | 1 | Memphis Pharoahs | Jorge Bartels | CB | 24 | Mississippi | 6′ 2″ | 202 |
| 1 | 2 | Nova Scotia Sharks | Lawrence Baumgartner | WR | 23 | Colgate | 6′ 1″ | 198 |
| 1 | 3 | New Orleans Reapers | Tyson Dorsey | CB | 20 | UCLA | 6′ 1″ | 180 |
| 1 | 4 | Toronto North | Larry Underwood | G | 21 | North Carolina State | 6′ 4″ | 321 |
| 1 | 5 | Seattle Totems | Matthew Neely | DT | 21 | Georgia | 6′ 7″ | 296 |
| 1 | 6 | Windsor Gamblers | Jeffery Lopez | LB | 21 | Florida State | 6′ 3″ | 257 |
| 1 | 7 | Houston Roughriders | Daniel Limon | CB | 20 | Illinois | 6′ 1″ | 206 |
| 1 | 8 | BCFC Bears | David Crabtree | CB | 20 | North Carolina | 6′ 2″ | 227 |
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| 2 | 1 | Memphis Pharoahs | Josef Shook | FS | 22 | Florida | 6′ 3″ | 225 |
| 2 | 2 | Nova Scotia Sharks | Floyd Atkins | QB | 21 | Nebraska | 6′ 3″ | 248 |
| 2 | 3 | New Orleans Reapers | Louis Hill | LB | 24 | Arizona State | 6′ 2″ | 243 |
| 2 | 4 | Toronto North | Billy Perdue | DE | 24 | Louisville | 6′ 6″ | 305 |
| 2 | 5 | Seattle Totems | Lawrence Slattery | DE | 21 | TCU | 6′ 2″ | 292 |
| 2 | 6 | Windsor Gamblers | Richard Albert | DT | 20 | Michigan | 6′ 3″ | 316 |
| 2 | 7 | Houston Roughriders | Eldon Baldwin | CB | 21 | Clemson | 6′ 4″ | 207 |
| 2 | 8 | BCFC Bears | Phillip Loftis | SS | 21 | Texas | 6′ 1″ | 219 |
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| 3 | 1 | Memphis Pharoahs | Raymond Ostrander | CB | 20 | Penn State | 6′ 2″ | 208 |
| 3 | 2 | Nova Scotia Sharks | Roy Regalado | TE | 24 | Georgia State | 6′ 7″ | 239 |
| 3 | 3 | New Orleans Reapers | Michael Wyant | WR | 22 | Colorado | 6′ 3″ | 229 |
| 3 | 4 | Toronto North | Timothy Hamilton | TE | 20 | Auburn | 6′ 7″ | 259 |
| 3 | 5 | Seattle Totems | Craig Gagnon | LB | 23 | North Dakota State | 6′ 1″ | 236 |
| 3 | 6 | Windsor Gamblers | Perry Benjamin | TE | 24 | West Texas A&M | 6′ 5″ | 231 |
| 3 | 7 | Houston Roughriders | Anthony Mcgowan | CB | 22 | Mississippi State | 6′ 1″ | 205 |
| 3 | 8 | BCFC Bears | Jaime Corral | RB | 22 | Miami (FL) | 5′ 10″ | 201 |
| | | | | | | | |
| 4 | 1 | Memphis Pharoahs | Jose Perry | DT | 20 | Mississippi State | 6′ 8″ | 326 |
| 4 | 2 | Nova Scotia Sharks | Jean Gunderson | DT | 21 | Alabama | 6′ 4″ | 306 |
| 4 | 3 | New Orleans Reapers | Gary Summerlin | QB | 21 | Washington State | 6′ 2″ | 256 |
| 4 | 4 | Toronto North | Timothy Pender | T | 24 | Rutgers | 6′ 1″ | 275 |
| 4 | 5 | Seattle Totems | William Kimmel | DT | 21 | Vanderbilt | 6′ 3″ | 293 |
| 4 | 6 | Windsor Gamblers | Noe Hoover | WR | 21 | Nevada | 6′ 4″ | 220 |
| 4 | 7 | Houston Roughriders | Jim Willis | FS | 22 | McNeese State | 6′ 3″ | 229 |
| 4 | 8 | BCFC Bears | John Soto | LB | 21 | Toledo | 6′ 3″ | 233 |
| | | | | | | | |
| 5 | 1 | Memphis Pharoahs | Jeremy Houck | SS | 21 | South Florida | 6′ 0″ | 203 |
| 5 | 2 | Nova Scotia Sharks | Ray Thornton | LB | 22 | USC | 6′ 2″ | 251 |
| 5 | 3 | New Orleans Reapers | Arlen Creighton | CB | 21 | Southern Miss | 6′ 1″ | 204 |
| 5 | 4 | Toronto North | Andy Miller | T | 24 | TCU | 6′ 1″ | 296 |
| 5 | 5 | Seattle Totems | Troy Williams | G | 20 | Texas | 6′ 5″ | 342 |
| 5 | 6 | Windsor Gamblers | Kevin Broughton | LB | 22 | Michigan | 6′ 4″ | 255 |
| 5 | 7 | Houston Roughriders | David Weiner | K | 24 | Florida State | 5′ 11″ | 167 |
| 5 | 8 | BCFC Bears | Boris Calhoun | TE | 23 | Arizona | 6′ 5″ | 245 |
| | | | | | | | |
| 6 | 1 | Memphis Pharoahs | Jeffrey English | TE | 22 | Troy | 6′ 3″ | 248 |
| 6 | 2 | Nova Scotia Sharks | Fredrick Staley | FB | 22 | Tennessee | 5′ 11″ | 204 |
| 6 | 3 | New Orleans Reapers | Ken Rees | SS | 22 | California | 6′ 1″ | 192 |
| 6 | 4 | Toronto North | Christopher Coe | CB | 23 | Portland State | 6′ 1″ | 219 |
| 6 | 5 | Seattle Totems | Anthony Vu | DE | 20 | Dartmouth | 6′ 3″ | 277 |
| 6 | 6 | Windsor Gamblers | John Ross | SS | 24 | Purdue | 6′ 1″ | 217 |
| 6 | 7 | Houston Roughriders | Jose Barrett | RB | 23 | Florida | 5′ 9″ | 209 |
| 6 | 8 | BCFC Bears | James Gagnon | LB | 24 | Stanford | 6′ 2″ | 274 |
| | | | | | | | |
| 7 | 1 | Memphis Pharoahs | Gary Cox | FS | 20 | Georgia Southern | 6′ 0″ | 199 |
| 7 | 2 | Nova Scotia Sharks | Elijah Martinez | TE | 24 | Florida State | 6′ 6″ | 242 |
| 7 | 3 | New Orleans Reapers | Donald Montoya | P | 20 | Georgia | 5′ 11″ | 190 |
| 7 | 4 | Toronto North | Joshua Moss | RB | 22 | Oregon | 5′ 9″ | 221 |
| 7 | 5 | Seattle Totems | Earl Camp | RB | 22 | South Carolina | 5′ 11″ | 195 |
| 7 | 6 | Windsor Gamblers | Michael Crabtree | DE | 23 | Houston | 6′ 3″ | 286 |
| 7 | 7 | Houston Roughriders | Ricky Garnett | DE | 20 | Marshall | 6′ 4″ | 284 |
| 7 | 8 | BCFC Bears | Phillip Simon | WR | 21 | Arkansas | 6′ 2″ | 228 |
