| TEAM | FRANCHISE PICK | 1ST RND | 2ND RND | 3RD RND | 4TH RND | 5TH RND | 6TH RND | 7TH RND |
| Kansas City A's (KC) | Sal Bando | Nolan Ryan | Chuck Dobson | Bill Hepler | Dan Schneider | Bill Graham | Bob Garibaldi | Ron Keller |
| Cleveland Indians (CI) | George Culver | George Scott | Jay Johnstone | Larry Haney | Ed Stroud | Guido Grilli | Al Closter | Len Church |
| Philadelphia Phillies (PHI) | Joe Verbanic | Bob Watson | Jim Nash | Rich Robertson | Bill Henry | Jimy Williams | Bill Edgerton | George Kopacz |
| Brooklyn Dodgers (BD) | Don Sutton | Rick Monday | Dooley Womack | John Morris | John Donaldson | Dick Rusteck | PASS | PASS |
| Milwaukee Braves (MB) | Ron Reed | Don Wilson | Cecil Upshaw | Ozzie Chavarria | Jim Cosman | Charlie Vaughan | John A. Miller | Pete Magrini |
| Pittsburgh Pirates (PP) | Woodie Fryman | Stan Bahnsen | Bill Robinson | Jerry McNertney | Fred Klages | Lee Bales | PASS | PASS |
| New York Yankees (NYY) | Fritz Peterson | Felix Millan | Lee Elia | Gene Michael | Billy Murphy | Charlie Vinson | Tony Curry | Don Pepper |
| Washington Senators (WS) | Dick Bosman | Nate Colbert | George Mitterwald | Ron Stone | Tim Talton | Jose Vidal | Bob Raudman | Jim Campanis |
| St. Louis Cardinals (STL) | Dick Hughes | Mike Epstein | Ron Willis | Joe Grzenda | Ken Suarez | Frank Johnson | PASS | PASS |
| Boston Red Sox (BRS) | Reggie Smith | Joe Foy | Minnie Rojas | Gary Sutherland | Hank Allen | Don Mason | Herb Hippauf | Choo Choo Coleman |
| Chicago White Sox (CWS) | Dennis Higgins | Clyde Wright | Dave Baldwin | Tim Cullen | Ron Clark | Mike Ferraro | Greg Sims | Gordon Richardson |
| New York Giants (NYG) | Dick Dietz | Phillies-Mike Andrews | Casey Cox | Steve Whitaker | Jim Barbieri | Shaun Fitzmaurice | PASS | PASS |
| Baltimore Orioles (BO) | Eddie Watt | Pat Jarvis | Jim Shellenback | Buddy Bradford | Buddy Booker | Don Bryant | Adrian Garrett | Chuck Estada |
| Detroit Tigers (DT) | Bill Graham | Dick Lines | Bucky Brandon | Bill Short | Jim Ollom | Ed Sadowski | Billy Conners | *** |
| Cincinnati Roadwarriors (CR) | ------- | Willie Montanez | Tom Hutton | Jorge Rubio | Arlo Brunsberg | PASS | Cards-PASS | PASS |
| Chicago Cubs (CC) | Rich Nye | Tom Phoebus | Gene Brabender | Bubba Morton | George Kornince | Ramon Lopez | Don Bosch | *** |
| 1965 TRADES | ||||||||
| 1. The Indians trade Johnny Edwards to the Cubs for Lou Johnson and Russ Nixon. | ||||||||
| 2. The Yankees trade Ralph Terry and Bill Skowron to the Cubs for Albie Pearson and 65DC3CC. | ||||||||
| 3. The Cardinals trade Ernie Broglio to the Roadwarriors for 66DC6CRW. | ||||||||
| 4. The Cubs trade Don McMahon and John Boozer to the Orioles for Jerry Fosnow, Jim Dickson, and Billy Hoeft. | ||||||||
| 5. The Giants trade 66DC1NYG, Buster Narum, Nick Willhite, and Bob Hendley to the Phillies for Fred Newman, Darrell Sutherland, John Buzhardt, and Robin Roberts. | ||||||||
| 6. The Senators send 66DC4WS to the White Sox for the rights to Jerry McNertney. | ||||||||