The following are the results of the 1997 MLS Collegiate Draft
First Round
| No. | Team | Selection | Pos. | College |
| 1 | Colorado | Tahj Jakins | D | UCLA |
| 2 | Tampa Bay | Mike Fisher | MF | Virginia |
| 3 | Columbus | Rob Jachym | MF | Hartford |
| 4 | San Jose | Alberto Montoya | MF | Santa Clara |
| 5 | MetroStars | Brian Kelly | F | Duke |
| 6 | Dallas | Temoc Suarez | F | North Carolina |
| 7 | Kansas City | Brian Johnson | MF | Fresno State |
| 8 | Tampa Bay | Mike Mekelburg | MF | South Florida |
| 9 | Los Angeles | Steve Jolley | MF | William & Mary |
| 10 | D.C. United | Danny Care | D | Clemson |
Note: Tampa Bay received New England’s first-round pick as compensation for the signing of coach Thomas Rongen.
Second Round
| No. | Team | Selection | Pos. | College |
| 11 | Colorado | Ross Paule | MF | Creighton |
| 12 | New England | Scott Coufal | GK | Indiana |
| 13 | Columbus | John Smith | F | Rollins |
| 14 | San Jose | Jason Annichero | D | Santa Clara |
| 15 | MetroStars | Will Kohler | MF | Harvard |
| 16 | Dallas | Alan Branigan | D | Rutgers |
| 17 | Kansas City | Ike Udeh | F | Alabama A&M |
| 18 | Tampa Bay | PASS | – | – |
| 19 | Los Angeles | Shawn Boney | MF | So. Connecticut |
| 20 | D.C. United | Tom Presthus | GK | SMU |
Third Round
| No. | Team | Selection | Pos. | College |
| 21 | Colorado | Mike Feniger | F | East Stroudsburg |
| 22 | New England | Steve Klein | MF | Bowling Green |
| 23 | Columbus Crew | Todd DeNault | F | South Florida |
| 24 | San Jose | Chris McDonald | MF | San Francisco |
| 25 | MetroStars | Andrew Lewis | D | Princeton |
| 26 | New England* | J.T. Roberts | MF | No. Kentucky |
| 27 | Kansas City | Jake Joy | MF | Midwestern |
| 28 | Tampa Bay | Musa Shannon | F | Robert Morris |
| 29 | Los Angeles | Kevin Hartman | GK | UCLA |
| 30 | D.C. United | Brandon Leib | D | Georgetown |
*-Dallas traded its first pick in the Supplemental Draft (#3, which it had received from Columbus for the allocation spot that turned out to be Brad Friedel) and its third-round pick in the college draft to New England for the Revolution’s first-round pick in the supplemental draft (#2).
