| ROUND: 1 | 2 | |||||||
| Round 1 | |||||||
| No. | Team | Player | Pos. | Last team | League | Nationality | |
| Detroit | Invalid Claim | (picked Ian Kidd, ineligible for entering school after age 20) | |||||
| 1. | Los Angeles | Bob Kudelski | C | Yale | ECAC | USA | |
| 2. | New Jersey | Glen Engevik | RW | Northern Arizona | NCAA | Canada | |
| 3. | Pittsburgh | Jeff Lamb | C | Denver | WCHA | USA | |
| 4. | Buffalo | Jeff Capello | LW | Vermont | ECAC | Canada | |
| NOTE: First round limited to the five teams that had not qualified for 1986 playoffs. | |||||||
