Round 1 & 2
| # | Team | Player | From | Pos | Team | Player | From | Pos |
|---|---|---|---|---|---|---|---|---|
| 1 | Dodgers | Gary Maddox | SF | CF | Dodgers | Frank Duffy | Cle | SS |
| 2 | Cubs | Wayne Garrett | NYM | 3B | Cubs | Tito Fuentes | SF | 2B |
| 3 | Orioles | Davey Johnson | Atl | 2B | Orioles | Doug Rader | Hou | 3B |
| 4 | Royals | Bobby Murcer | NYY | CF | Royals | Fred Kendell | SD | C |
| 5 | Senators | Bill Lee | BOS | SP | Senators | Nate Colbert | SD | 1B |
| 6 | Phillies | Rick Monday | Cubs | CF | Phillies | Fritz Peterson | NYY | SP |
| 7 | NY Giants | Craig Nettles | NYY | 3B | NY Giants | Bill Freeham | Det | C |
| 8 | Expos | Jack Billingham | Cin | SP | LA (Via Mon) | J. R. Richard | Hou | SP |
| 9 | Indians | Mickey Lolich | Det | SP | Indians | Mark Belanger | Balt | SS |
| 10 | Cards | Don McMahon | SF | RP | Cards | Dock Ellis | Pit | SP |
| 11 | Angels | Bob Oliver | CAL | 3B | Angles | Dave Cash | Pit | 2B |
| 12 | Reds | Randy Jones | SD | RP | Reds | Toby Harrah | Tex | SS |
| 13 | Twins | Dave McNalley | Bal | SP | Twins | Jim Barr | SF | SP |
| 14 | Redsox | Jerry Reuss | Hou | SP | Redsox | Bud Harrelson | NYM | SS |
| 15 | Pirates | Tommy Harper | Bos | OF | Pirates | Earl Williams | Atl | C |
| 16 | Bal (via Atl) | Steve Renko | Mon | SP | KC (via Atl) | Gary Matthews | SF | OF |
| 17 | Brewers | Billy Williams | Cubs | OF | Brewers | Bernie Carbo | StL | OF |
| 18 | Bal (Via Oak) | Bob Locker | Cubs | RP | A’s | Ron Hunt | Mont | 2b |
| 19 | KC (Via NYM) | Bill Russell | LA | SS | Cin (via KC & NYM) | Jimmy Wynn | Hou | OF |
| 20 | Mont (Via NYY) | Paul Splittorff | KC | P | Cin (via NYY) | Mike Jorgenson | Mont | 1B |
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