| Pick
| Team
| Player
| Position
| School (Type)
| Hometown
| Notes
|
| 1 | Florida Marlins | Adrian Gonzalez | 1B | Eastlake High School (HS) | Chula Vista, CA |
|
| 2 | Minnesota Twins | Adam Johnson | RHP | California State University, Fullerton (Col.) | San Jose, CA |
|
| 3 | Chicago Cubs | Luis Montanez | SS | Miami High School (HS) | Miami, FL |
|
| 4 | Kansas City Royals | Mike Stodolka | LHP | Centennial High School (HS) | Corona, CA |
|
| 5 | Montreal Expos | Justin Wayne | RHP | Stanford University (Col.) | Honolulu, HI |
|
| 6 | Tampa Bay Devil Rays | Rocco Baldelli | OF | Bishop Hendricken High School (HS) | Warwick, RI |
|
| 7 | Colorado Rockies | Matt Harrington | RHP | Palmdale High School (HS) | Palmdale, CA | Did not sign
|
| 8 | Detroit Tigers | Matt Wheatland | RHP | Rancho Bernardo High School (HS) | San Diego, CA |
|
| 9 | San Diego Padres | Mark Phillips | LHP | Hanover High School (HS) | Hanover, PA |
|
| 10 | Anaheim Angels | Joe Torres | LHP | Gateway High School (HS) | Kissimmee, FL |
|
| 11 | Milwaukee Brewers | Dave Krynzel | OF | Green Valley High School (HS) | Henderson, NV |
|
| 12 | Chicago White Sox | Joe Borchard | OF | Stanford University (Col.) | Panorama City, CA |
|
| 13 | St. Louis Cardinals | Shaun Boyd | 2B | Vista High School (HS) | Oceanside, CA |
|
| 14 | Baltimore Orioles | Beau Hale | RHP | University of Texas (Col.) | [[]] |
|
| 15 | Philadelphia Phillies | Chase Utley | 2B | UCLA (Col.) | Pasadena, CA |
|
| 16 | New York Mets | Billy Traber | LHP | Loyola Marymount University (Col.) | Torrance, CA | Compensation from Seattle Mariners for John Olerud
|
| 17 | Los Angeles Dodgers | Ben Diggins | RHP | University of Arizona (Col.) | Leota, KS |
|
| 18 | Toronto Blue Jays | Miguel Negron | OF | Manuela Toro High School (HS) | Caguas, PR |
|
| 19 | Pittsburgh Pirates | Sean Burnett | LHP | Wellington High School (HS) | Wellington, FL |
|
| 20 | Anaheim Angels | Chris Bootcheck | RHP | Auburn University (Col.) | LaPorte, IN | Compensation from Oakland A's for Omar Olivares
|
| 21 | San Francisco Giants | Boof Bonser | RHP | Gibbs High School (HS) | Pinellas Park, FL |
|
| 22 | Boston Red Sox | Phil Dumatrait | LHP | Bakersfield Junior College (Col.) | [[]] |
|
| 23 | Cincinnati Reds | David Espinosa | SS | Gulliver Prep High School (HS) | Miami, FL |
|
| 24 | St. Louis Cardinals | Blake Williams | RHP | Southwest Texas State University (Col.) | [[]] | Compensation from Texas Rangers for Darren Oliver
|
| 25 | Texas Rangers | Scott Heard | C | Rancho Bernardo High School (HS) | San Diego, CA | Compensation from New York Mets for Todd Zeile
|
| 26 | Cleveland Indians | Corey Smith | SS | Piscataway High School (HS) | Piscataway, NJ |
|
| 27 | Houston Astros | Robert Stiehl | RHP | El Camino College (Col.) | [[]] |
|
| 28 | New York Yankees | David Parrish | C | University of Michigan (Col.) | [[]] |
|
| 29 | Atlanta Braves | Adam Wainwright | RHP | Glynn Academy High School (HS) | St. Simons Island, GA | Compensation from Arizona Diamondbacks for Russ Springer
|
| 30 | Atlanta Braves | Scott Thorman | 3B | Preston High School (HS) | Cambridge, ON |
|
