| Round 1 | ||||
| No. | Team | Player | From | Trade Description |
| 1. | Montreal | Guy Lafleur | California | Calfornia got Ernie Hicke and 1970 first-round pick (Chris Oddleifson). Montreal also got Francois Lacombe. (NOTE: In original deal, draft picks were reported as a "future swap of unnamed players"). (May 22, 1970) |
| 4. | St. Louis | Gene Carr | Pittsburgh | Pittsburgh got Ron Schock, Craig Cameron and 1971 second-round pick (later deferred to a 1972 second-round pick via Montreal -- Bernie Lukowich). St. Louis also got Lou Angotti. (June 10, 1969) |
| 6. | Boston | Ron Jones | Los Angeles | Los Angeles got Ross Lonsberry and Eddie Shack. Boston also got Ken Turlik and 1973 first-round pick (Andre Savard). (May 12, 1969) |
| 7. | Montreal | Chuck Arnason | Minnesota | Minnesota got Andre Boudrias, Bob Charlebois, and Mike McMahon. Montreal also got cash. (NOTE: Trade originally reported as cash and future considerations. The future considerations turned out to be Montreal's trade of its rights to Bernard Cote to Minnesota in exchange for this pick). (June 6, 1967) |
| 9. | Philadelphia | Pierre Plante | Toronto | Toronto got Bernie Parent and 1971 second-round pick (Rick Kehoe). Philadelphia also got Mike Walton and Bruce Gamble. (Jan. 31, 1971) |
| 10. | New York | Steve Vickers | St. Louis | St. Louis got Peter McDuffe. (May 25, 1971) |
| Round 2 | ||||
| No. | Team | Player | From | Trade Description |
| 20. | Montreal | Larry Robinson | Los Angeles | Los Angeles got Dick Duff. Montreal also got Dennis Hextall. (NOTE: Trade originally reported as Duff for "a player to be named later" with no mention of the draft pick's inclusion in the deal. Two days later Hextall was sent to Montreal). (Jan. 23, 1970) |
| 22. | Toronto | Rick Kehoe | Philadelphia | Philadelphia got Mike Walton, Bruce Gamble, and 1971 first-round pick (Pierre Plante). Toronto also got Bernie Parent. (Jan. 31, 1971) |
| 24. | Montreal | Michel Deguise | St. Louis | St. Louis got Fran Huck. Montreal also got cash.( NOTE: St. Louis originally had traded this pick to Pittsburgh on June 6, 1969, but then got Pittsburgh to defer choice by a year in another trade so it could give pick to Montreal. Canadiens had agreed to let St. Louis engineer such a deal rather than take the 1972 second-round pick initially offered). (Jan. 28, 1971) |
| Round 3 | ||||
| No. | Team | Player | From | Trade Description |
| 31. | Montreal | Jim Cahoon | Vancouver | Vancouver got Gregg Boddy and 1971 third-round pick (Richard Lemieux). Montreal also got 1971 fourth-round pick (Ed Sidebottom) and cash. (May 25, 1971) |
| 39. | Vancouver | Richard Lemieux | Montreal | Montreal got 1971 third-round pick (Jim Cahoon), 1971 fourth-round pick (Ed Sidebottom), and cash. Vancouver also got Gregg Boddy. (May 25, 1971) |
| Round 4 | ||||
| 45. | Montreal | Ed Sidebottom | Vancouver | Vancouver got Gregg Boddy and 1971 third-round pick (Richard Lemieux). Montreal also got 1971 third-round pick (Jim Cahoon) and cash. (May 25, 1971) |
| Round 7 | ||||
| No. | Team | Player | From | Trade Description |
| 89. | Los Angeles | Pete Harasym | Buffalo | Buffalo got Dick Duff and Eddie Shack. Los Angeles also got Mike McMahon and 1971 No. 8 (Lorne Stamler). (NOTE: Trade was originally reported as Duff and Shack for "player to be named later and future considerations". McMahon was sent to Los Angeles on Dec. 1, 1970). (Nov. 24, 1970) |
| 96. | New York | Doug Keeler | Chicago | Chicago got cash. (June 10, 1971) |
| 98. | Toronto | Steve Johnson | Boston | Boston got cash. (June 10, 1971) |
| Round 8 | ||||
| No. | Team | Player | From | Trade Description |
| 102. | Vancouver | Bob Murphy | Pittsburgh | Pittsburgh got promise that Vancouver would not take certain players in 1970 NHL Expansion Draft. (June 10, 1970) |
| 103. | Los Angeles | Lorne Stamler | Buffalo | Buffalo got Dick Duff and Eddie Shack. Los Angeles also got Mike McMahon and 1971 No. 7 (Pete Harasym). (NOTE: Trade was originally reported as Duff and Shack for "player to be named later and future considerations". McMahon was sent to Los Angeles on Dec. 1, 1970). (Nov. 24, 1970) |
| 104. | California | Rod Lyons | Los Angeles | Los Angeles got Harry Howell. California also got cash. (Feb. 5, 1971) |
| SNAPSHOT '71 | |
| Total Selected: | 117 |
| Forwards: | 63 |
| Defense: | 45 |
| Goaltenders: | 9 |
| Major Junior: | 84 |
| College Players: | 19 |
| Canadian: | 107 |
| Euro-Canadian: | 2 |
| American: | 8 |
| European: | 0 |
| Reached NHL: | 50 |
| Won Stanley Cup: | 5 |
| Hall of Fame: | 3 |
| All-Star Game: | 10 |
| Year-end All-Star: | 5 |
| Olympians: | 4 |
| Picks Traded: | 18 |