The draft acted as a means to disperse junior players among Russia, as well as create parity for recruiting from non-KHL affiliated hockey schools.
Although the inaugural KHL season had 24 teams, Khimik Voskrensk was forced to drop out of league activities due to financial constrains.
Mikhail Pashnin, a defenceman from HC Mechel, was the first overall selection, chosen by CSKA Moscow.
The order of the draft was determined through an inversion of the 2009 KHL standings, with the exception of Avtomobilist, which selected last.
Rights obtained via the draft terminate when a player turns 22 years of age.