This draft is known for a verbal altercation between ESPN analyst Mel Kiper, Jr. and Indianapolis Colts general manager Bill Tobin over Tobin's handling of the Colts' two first-round picks.[5] Kiper believed the Colts needed a quarterback in the first round, but Tobin, who signed free agent quarterback Jim Harbaugh ahead of the draft, instead selected running back Marshall Faulk and linebacker Trev Alberts.[6][5] After Kiper disputed the Colts taking Alberts over quarterback Trent Dilfer, Tobin responded by criticizing Kiper's credentials.[7] Faulk would become a Hall of Fame inductee, while Alberts' career only lasted three seasons, and Dilfer became regarded as a journeyman.[5][8][9] The Colts would reach the 1995 AFC Championship Game with Harbaugh, but fell to 3–13 in 1997, which led to the firing of Tobin and the drafting of future Hall of Fame inductee Peyton Manning the following year.[10][11][12]
In the explanations below, (D) denotes trades that took place during the 1994 Draft, while (PD) indicates trades completed pre-draft.
Round one
^No 5: L.A. Rams → Indianapolis (D).L.A. Rams traded its first-round selection (5th) to Indianapolis in exchange for Indianapolis' first- and third-round selections (7th and 83rd)
^No.7: multiple trades: No.7: Atlanta → Indianapolis (PD).Atlanta traded its first- and third-round selections (7th and 83rd) and first-round selection in 1996 to Indianapolis in exchange for QB Jeff George. No.7: Indianapolis → L.A. Rams (D). see No. 5: L.A. Rams → Indianapolis. No.7: L.A. Rams → San Francisco (D).L.A. Rams traded its first-round selection (7th) to San Francisco in exchange for San Francisco's first-, second- and third-round selections (15th, 56th and 100th).
^No 12: New Orleans → N.Y. Jets (D).New Orleans traded its first-round selection (12th) to N.Y. Jets in exchange for the Jets' first- and fifth-round selections (13th and 143rd).
^No.15: multiple trades: No.15: San Diego → San Francisco (PD).San Diego traded its first-round selection (15th) to San Francisco in exchange for San Francisco's second-round selection in 1993. No.15: San Francisco → L.A. Rams (D). see No. 7: L.A. Rams → San Francisco.
^No 16: Miami → Green Bay (D).Miami traded its first-round selection (16th) to Green Bay in exchange for Green Bay's first- and third-round selections (20th and 89th).
^No 18: Denver → Minnesota (PD).Denver traded its first- and sixth-round selections (18th and 179th), second-round selection in 1995 and WR Vance Johnson to Minnesota in exchange for OT Gary Zimmerman.
^No 23: San Francisco → Dallas.San Francisco traded its first- and seventh-round selections (23rd and 217th) to Dallas in exchange for Dallas' first- and second-round selections (28th and 62nd).
^No 29: Philadelphia → Cleveland.Philadelphia traded this first-round selection (29th) to Cleveland in exchange for Cleveland's second-round selection (40th) and second-round selection in 1995.
Round two
^No 37: Atlanta → Philadelphia (D).Atlanta traded its second-round selection (37th) to Philadelphia in exchange for Philadelphia's second- and fourth-round selections (40th and 118th).
^No 52: Minnesota → L.A. Raiders (D).Minnesota traded its second-round selection (52nd) to L.A. Raiders in exchange for the Raiders' second- and fourth-round selections (55th and 125th).
^No 53: Green Bay → San Francisco (D).Green Bay traded its second-round selection (53rd) to San Francisco in exchange for San Francisco's third- fifth- and two sixth-round selections (84th, 149th, 175th and 190th).
^No 65: Arizona → Miami (D).Arizona traded this second-round selection (65th) to Miami in exchange for Miami's third- and two fourth-round selections (89th, 115th and 121st).
Round three
^No 70: New England → San Diego (D).New England traded its third- and fifth-round selections (70th and 137th) to San Diego in exchange for San Diego's third-round selection (78th) and RB Marion Butts.
^No. 80: N.Y. Jets → L.A. Raiders (D).N.Y. Jets traded its third-round selection (80th) to L.A. Raiders in exchange for the Raiders' third- and fifth-round selections (94th and 152nd).
^No 87: Denver → San Francisco (PD).Denver traded its third- and fifth-round selections (87th and 149th) to San Francisco in exchange for San Francisco's third-round selection (99th) and DT Ted Washington.
^No 88: Minnesota → Pittsburgh (PD).Minnesota traded its third- and sixth-round selections (88th and 180th) to Pittsburgh in exchange for TE Adrian Cooper.
^No 90: Miami → New England (PD).Miami traded its third-round selection (90th) and second-round selection (51st) in 1993 to New England in exchange for WR Irving Fryar.
^No 92: San Francisco → Kansas City (PD).San Francisco traded its fourth-round selection (92nd) and QB Joe Montana to Kansas City in exchange for Kansas City's first-round selection (18th) in 1993.
^No 97: Houston → Washington (PD).Washington received Houston's third- and fifth-round selections (97th and 137nd) as compensation for Houston signing restricted free agent LB Wilber Marshall.
^No. 99: multiple trades: No. 99: Dallas → San Francisco (PD).Dallas Cowboys traded their third-round selection (99th) and third-round selection in 1993 to San Francisco in exchange for DE Charles Haley. No. 99: San Francisco → Denver (PD). see No. 87: Denver → San Francisco. No. 99: Denver → Atlanta (PD).Denver traded this third-round selection (99th) and its first-round selection in 1995 to Atlanta in exchange for WR Mike Pritchard and Atlanta's seventh-round selection in 1995.
^No. 100: multiple trades: No. 100: Philadelphia → San Francisco (D).Philadelphia traded this third-round selection (100th) and their sixth-round selection (190th) to San Francisco in exchange for LB Bill Romanowski. No. 100: San Francisco → L.A. Rams (D). see No. 7: L.A. Rams → San Francisco.
Round four
^No. 107: New England → Arizona (D).New England traded its fourth-round selection (107th) to Arizona in exchange for Arizona's fourth- and fifth-round selections (121st and 135th).
^No. 109: Tampa Bay → Dallas (PD).Tampa Bay traded its fourth-round selection (109th) to Dallas in exchange for S Thomas Everett.
^No. 112: Cleveland → Miami (PD).Cleveland traded its fourth-round selection (112th) to Miami in exchange for G Gene Williams.
^No. 115: multiple trades: No. 115: San Diego → Miami (PD).San Diego traded its fourth-round selection (115th) to Miami in exchange for WR Tony Martin. No. 115: Miami → Arizona (D). see No. 65: Arizona → Miami.
^No. 119: Minnesota → Houston (PD).Minnesota traded its fourth-round selection (119th) and third-round selection in 1995 to Houston in exchange for QB Warren Moon.
^No. 120: Green Bay → Oakland (D).Green Bay traded its fourth-round selection (120th) to the L.A. Raiders in exchange for the Raiders' fourth- and sixth-round selections (126th and 169th).
^No. 150: Seattle → San Diego (D).Seattle traded its fifth-round selection (150th) to San Diego in exchange for San Diego's fourth-round selection in 1995.
^No. 151: Minnesota → Kansas City (PD).Minnesota traded its fifth-round selection (151st) to Kansas City in exchange for RB Barry Word.
^No. 159: Dallas → L.A. Raiders (PD).Dallas traded its fifth- and seventh-round selections (159th and 217th) to the L.A. Raiders in exchange for DB Elvis Patterson and the Raiders' seventh-round selection (216th).
Round six
^No. 168: Seattle → New England (PD).Seattle traded its sixth-round selection (168th) to the New England in exchange for RB Jon Vaughn.
^No. 175: multiple trades: No. 175: San Diego → San Francisco (PD).San Diego traded its sixth-round selection (175th) to San Francisco in exchange for San Francisco's eighth-round selection (222nd) in 1993. No. 175: San Francisco → Green Bay (D). see No. 53: Green Bay → San Francisco.