| ROUND: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | Trades | Facts |
| Round 4 | ||||||
| No. | Team | Player | Pos. | Last team | League | Nationality |
| 54. | Minnesota | Curt Giles | D | Minnesota-Duluth | WCHA | Canada |
| 55. | Washington | Bengt Gustafsson | RW | Karlstad | Elitserien | Sweden |
| 56. | Vancouver | Harald Luckner | C | Karlstad | Elitserien | Sweden |
| 57. | Vancouver | Brad Smith | RW | Sudbury | OMJHL | Canada |
| 58. | Colorado | Dave Watson | LW | Sault Ste. Marie | OMJHL | Canada |
| 59. | N.Y. Rangers | Dave Silk | RW | Boston University | ECAC | USA |
| 60. | N.Y. Rangers | Andre Dore | D | Quebec | QMJHL | Canada |
| 61. | Pittsburgh | Shane Pearsall | LW | Ottawa | OMJHL | Canada |
| 62. | Detroit | Bjorn Skaare | C | Ottawa | OMJHL | Norway |
| 63. | Chicago | Brian Young | D | New Westminster | WCHL | Canada |
| 64. | Atlanta | Jim MacRae | LW | London | OMJHL | Canada |
| 65. | Toronto | Bob Parent | G | Kitchener | OMJHL | Canada |
| 66. | Buffalo | Mike Gazdic | D | Sudbury | OMJHL | Canada |
| 67. | Philadelphia | Russ Wilderman | C | Seattle | WCHL | Canada |
| 68. | Boston | George Buat | RW | Seattle | WCHL | Canada |
| 69. | Montreal | Kevin Reeves | C | Montreal | QMJHL | Canada |
| NOTE: N.Y. Islanders had traded pick No.68 to defunct Cleveland franchise, so pick was skipped entirely. | ||||||
| SNAPSHOT '78 | |
| Total Selected: | 234 |
| Forwards: | 143 |
| Defense: | 67 |
| Goaltenders: | 24 |
| Major Junior: | 127 |
| College Players: | 80 |
| Canadian: | 170 |
| American: | 47 |
| U.S.-Born: | 47 |
| European: | 17 |
| Reached NHL: | 95 |
| Won Stanley Cup: | 16 |
| Hall of Fame: | 1 |
| All-Star Game: | 18 |
| Year-end All-Star: | 1 |
| Olympians: | 16 |
| Picks Traded: | 46 |