| Cutdowns | ||
| Position | Player | Proteam |
|---|---|---|
| C | Benito Santiago | KC |
| 1B | Josh Phelps | Cle |
| SS | Alex Cintron | Ari |
| 3B | Bill Mueller | Bos |
| OF | Shawn Green | LA |
| OF | Jacque Jones | Min |
| OF | Bernie Williams | NYA |
| SP | Roy Halladay | Tor |
| SP | Kyle Lohse | Min |
| SP | Derek Lowe | Bos |
| RP | Billy Koch | Fla |
| RP | Matt Mantei | Ari |
| Redraft | ||
| Round | Add | Drop |
|---|---|---|
| 1. | 1B Mike Sweeney - KC | |
| 2. | SP Russ Ortiz - Atl | |
| 3. | OF Juan Gonzalez - KC | |
| 4. | SS Jose Reyes - NYN | |
| 5. | SP Freddy Garcia - ChA | |
| 6. | OF Dmitri Young - Det | |
| 7. | SP Woody Williams - StL | |
| 8. | OF Jody Gerut - Cle | |
| 9. | SP Shawn Chacon - Col | |
| 10. | SP Kris Benson - NYN | |
| 11. | SS David Eckstein - Ana | |
| 12. | C Robby Hammock - Ari | |
| 13. | OF Kenny Lofton - NYA | |
| 14. | SS Melvin Upton - TB | |
| 15. | 3B Wes Helms - Mil | |
| 16. | 2B Fernando Vina - Det | |
| 17. | OF Steve Finley - LA | |