The National Football League held a dispersal draft on June 2, 1950 for players from the All-America Football Conference teams of the Brooklyn-New York Yankees, Buffalo Bills, Chicago Hornets, and Los Angeles Dons. Most of the players from the Brooklyn-New York Yankees had been divided between the New York Giants and New York Yanks (formerly Bulldogs). The draft order was determined by the order of finish (worst to best) of the 1949 season. Therefore, the draft order was: Since Baltimore and Green Bay were the weakest teams, they were given five extra draft picks each.