1947 AAFC draft

From rounds 16 through 25, the Cleveland Browns and New York Yankees which were the league's top two teams, did not make any selections.

From rounds 21 to 25, the San Francisco 49ers and Los Angeles Dons did not receive any selections.

[1] Although the Miami Seahawks played in the league's inaugural season, the franchise was confiscated by the AAFC prior to the draft for failure to fulfill contractual obligations.

[2] Their selections were exercised by their head coach Hampton Poole, and were listed under the name "Florida Seahawks".

[3] On December 28, its assets (including its draft choices rights) were sold to a group of entrepreneurs who founded the original Baltimore Colts.