The following is the standard draft order (worst record through highest money winner). This will be the draft order for all rounds of the 2004 draft, with the exception of the first 7 picks of the first round, which will be determined by lottery.
- Richmond (3-11)
- Keystone (4-10)
- Orange County (4-9-1)
- Syracuse (4-9-1)
- Frelinghuysen (5-9)
- Miami (6-8)
- Happy Valley (6-7-1)
- Mercer ($75 min. winnings)
- Dallas ($115 min. winnings)
- Boston ($175 min. winnings)
- Graynbald ($185 min. winnings)
- New Denver ($235 min. winnings)
- Oregon ($390 min. winnings)
- Philadelphia ($460 min. winnings)