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• At the league meeting in Oakland, the AFL announced their plan to stock the Oakland team with players from the other seven teams
• The league would conduct an allocation draft of five rounds, with Oakland selecting one player from each team during each round
• Before the initial round each team would select 11 players that would be immune to selection
• After each round, each team would be permitted to add another 11 players to the protected list
• Oakland head coach Eddie Erdelatz said the team would make its first selections on or around March 20, though they could be permitted to make picks s early as March 12
• Teams were assigned territorial rights for television purposes with Oakland’s territory extending north to the Canadian order, east to Missoula, Montana, and Reno, Nevada, and south to San Luis Obispo
| Eddie Erdelatz | Head coach | |
| Marty Feldman | Defensive line | |
| Ernie Jorge | Offensive line |
| Name | Pos | Ht | Wt | School | Birthdate | |
| George Blanch | DB | 6'0“ | 195 | Texas | 2/18/1938 | |
| Clord Boyette | OL | 6'4” | 245 | Texas Southern | 3/30/1935 | |
| Willie Boykin | DT | 6'4“ | 245 | Michigan State | 1934(?) | |
| Carmen Cavalli | DE | 6'4” | 245 | Richmond | 6/11/1937 | |
| Fran Curci | QB | 5'9“ | 160 | Miami (FL) | 6/11/1938 | |
| Purcell Daniels | FB | 6'2” | 205 | Pepperdine | 1/1/1936 | |
| Dan Edgington | E | 6'2“ | 190 | Florida | 4/10/1937 | |
| Sam McCord | QB | 5'10” | 185 | East Texas State | 2/23/1933 | |
| Don Norton | WR | 6'1“ | 180 | Iowa | 3/13/1938 | |
| Jim Otto | C | 6'2” | 225 | Miami (FL) | 1/5/1938 | |
| Bob Parker | T | 5'11“ | 215 | East Texas State | 6/4/1937 | |
| Gene Prebola | TE | 6'3” | 215 | Boston University | 6/30/1938 | |
| Jim Woodard | T | 6'5“ | 230 | Lamar Tech | 1938(?) |