1. Washington Cyclones - Sidney Crosby
2. New York Maulers - Alexander Ovechkin
3. Atlanta Asps - Marian Hossa
4. Boston Beacons - Evgeni Malkin
5. Nashville Stallions - Dany Heatley
6. Carolina Sand Crabs - Vincent Lecavalier
7. Minnesota Wolves - Ryan Miller
8. St. Louis Slashers - Jason Spezza
9. San Jose Thunder - Roberto Luongo
10. New Jersey Knights - Thomas Vanek

Joe Thornton, rated number 5 by CSB ended up going 18th to Chicago; Martin Brodeur, Central Scouting's #7 went 19th to Los Angeles. Nicklas Lidstrom had been rated 9th but fell the furthest, slipping to the third round and 62nd overall where Toronto Dragons snatched him; no doubt his advanced age and salary played a part in the plummet. Ilya Kovalchuk slipped one spot out of the top ten and was taken 11th by Montreal. The rest of the first round went as follows:

11. Montreal Bulldogs - Ilya Kovalchuk
12. Florida Hotshots - Nicklas Backstom
13. Dallas Otters - Alexander Semin
14. Toronto Dragons - Rick DiPietro
15. Buffalo Xpress - Henrik Lundqvist
16. Detroit Winged Wheelers - Ray Emery
17. Philadelphia Federals - Miikka Kiprusoff
18. Chicago Cougars - Joe Thornton
19. Los Angeles 66'ers - Martin Brodeur
20. Vancouver Blizzard - Marc-Andre Fleury
21. Pittsburgh Pythons - Paul Stastny
22. Phoenix Fire Ants - Marian Gaborik
23. Colorado Chaos - Jarome Iginla