| 1974 CFL Draft |
| 1973 Draft • 1975 Draft |
| Territorial Exemptions |
| Held January 9, 1974 |
| Team | Player | Pos | College | Notes |
|---|---|---|---|---|
| British Columbia Lions | Terry Bailey | RB | Simon Fraser | |
| British Columbia Lions | Lorne Sherbina | DT | Idaho | |
| Calgary Stampeders | Murray Anderson | C | Calgary | |
| Calgary Stampeders | Gordon Yeomans | RB | Washington State | |
| Edmonton Eskimos | Dave Fennell | DT | North Dakota | |
| Edmonton Eskimos | Bill Stevenson | DT | Drake | |
| Hamilton Tiger-Cats | Ted Greves | WB | Ithaca | |
| Hamilton Tiger-Cats | Gary Mueller | LB | Wilfrid Laurier | |
| Montreal Alouettes | Gary Chown | LB | Bishop's | |
| Montreal Alouettes | Gordie Knowlton | RB | Jacksonville State | |
| Ottawa Rough Riders | Perry Arnold | DB | Western Ontario | |
| Ottawa Rough Riders | Darryl Craig | T | North Carolina | |
| Sasakatchewan Roughriders | Ken McEachern | DB | Weber State | |
| Sasakatchewan Roughriders | Lawrie Skolrood | T | North Dakota | |
| Toronto Argonauts | Larry Uteck | DB | Wilfrid Laurier | |
| Toronto Argonauts | Morris Zubkewych | DT | Simon Fraser | |
| Winnipeg Blue Bombers | Gord Paterson | RB | Manitoba | |
| Winnipeg Blue Bombers | Glen Perrin | RB | Bemidji State |
| Open Selections |
| Held February 19, 1974 |
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