| ROUND: 1 | 2 | |||||||
| Round 1 | |||||||
| No. | Team | Player | Pos. | Last team | League | Nationality | |
| 1. | Quebec | Dave DePinto | G | Illinois-Chicago | CCHA | USA | |
| 2. | N.Y. Islanders | Rob Vanderydt | C | Miami | CCHA | Canada | |
| 3. | Toronto | Dave Tomlinson | C | Boston University | Hockey East | Canada | |
| 4. | Winnipeg | Peter Hankinson | RW | Minnesota | WCHA | USA | |
| 5. | New Jersey | C.J. Young | RW | Harvard | ECAC | USA | |
| NOTE: First round limited to the five teams that had not qualified for 1989 playoffs. | |||||||
