| Round | To Team | From Team | Player (Position) | |
|---|---|---|---|---|
| 1 | OTT | BC | Mike Mauer (RB) | |
| 1 | OTT | CGY | Clinton Wayne (DL) | |
| 1 | OTT | EDM | George Hudson (OG) | |
| 1 | OTT | HAM | Matt Robichaud (LB) | |
| 1 | OTT | MTL | Kelly Wiltshire (LB) | |
| 1 | OTT | EDM | Shawn Gallant (DB) | |
| 1 | OTT | TOR | Dan Giancola (K) | |
| 1 | OTT | WPG | Donald Ruiz (S) | |
| 2 | OTT | BC | Jimmy Oliver, Jr. (WR) | |
| 2 | OTT | CGY | Ricky Bell, Jr. (CB) | |
| 2 | OTT | EDM | Fred Perry (DL) | |
| 2 | OTT | HAM | Seth Dittman (OL) | |
| 2 | OTT | MTL | John Grace (LB) | |
| 2 | OTT | SSK | Troy Asbell (LB) | |
| 2 | OTT | TOR | Earl Scott (C) | |
| 2 | OTT | WPG | Joseph “Sefa” O'Reilly (DL) | |
| 3 | OTT | BC | Selected BC's 2002 Amateur Draft 2nd Round selection: 2002 Draft 2nd Round 13th Overall – Brock Ralph (b. 1980) | |
| 3 | OTT | CGY | Kelly Lochbaum (LB) | |
| 3 | OTT | EDM | Andrew Henry (DB) | |
| 3 | OTT | HAM | Carl Coulter (C) | |
| 3 | OTT | MTL | Selected MTL's 2002 Amateur Draft 2nd Round selection: Traded | |
| 3 | OTT | SSK | Selected SSK's 2002 Amateur Draft 2nd Round selection: 2002 Draft 2nd Round 11th Overall – Pat Fleming (b. 1978) | |
| 3 | OTT | TOR | Selected TOR's 2002 Amateur Draft 2nd Round selection: Traded | |
| 3 | OTT | WPG | Selected WPG's 2002 Amateur Draft 2nd Round selection: Traded |