| Cutdowns | ||
| Position | Player | Proteam |
|---|---|---|
| 1B | Carlos Delgado | Tor |
| 1B | Jason Giambi | NYA |
| 3B | Troy Glaus | Ana |
| OF | Shawn Green | LA |
| OF | Geoff Jenkins | Mil |
| OF | Magglio Ordonez | ChA |
| SP | Bartolo Colon | Ana |
| SP | Esteban Loaiza | NYA |
| SP | Kevin Millwood | Phi |
| SP | Johan Santana | Min |
| Redraft | ||
| Round | Add | Drop |
|---|---|---|
| 1. | RP Jason Isringhausen - StL | |
| 2. | RP Arthur Rhodes - Oak | |
| 3. | C Joe Mauer - Min | |
| 4. | SP Odalis Perez - LA | |
| 5. | OF Torii Hunter - Min | |
| 6. | OF Carl Everett - ChA | |
| 7. | 2B Mark Loretta - SD | |
| 8. | SP Brian Lawrence - SD | |
| 9. | SP Tim Redding - Hou | |
| 10. | SP Ramon Ortiz - Ana | |
| 11. | OF Jason Bay - Pit | |
| 12. | SS David Eckstein - Ana | |
| 13. | 1B Jason Phillips - NYN | |
| 14. | OF Craig A. Wilson - Pit | |
| 15. | SS Alex Gonzalez - Fla | |
| 16. | 3B Jared Sandberg - TB | |
| 17. | SP Bronson Arroyo - Bos | |
| 18. | OF Juan Pierre - Fla | |
| 19. | SP Brett Tomko - SF | |