Pre-Season Draft
| Selection | Player | From | Games |
| 3 | Phil Read | West Coast | 34 |
Pre-Draft Trades
Paul Johnson from West Coast for selection 29 (Matt Rosa)
Brent Moloney from Geelong for selection 12 (Danny Meyer)
Darren Jolly to Sydney for selection 15
Scott Thompson to Adelaide for selection 12
Peter Walsh and pick 45 (Justin Sherman) to Port Adelaide for pick #43
National Draft
| Selection | Player | From | Games |
| 13 | Matthew Bate | Eastern Ranges | 102 |
| 15 | Lynden Dunn | Calder Cannons | * |
| 43 | Michael Newton | Murray Bushrangers | 28 |
2004 AFL Rookie Draft
| Selection | Player | From | Games |
| 10 | Brendan Van Schaik | Murray Bushrangers | 0 |
| 26 | Matthew Warnock | Sandringham | 55 |