The 1974 NHL Amateur Draft was held on Tuesday, May 28, Wednesday, May 29, and Thursday, May 30, 1974 at the NHL Headquarters in Montreal, Quebec.
1974 Pittsburgh Penguins NHL Amateur Draft Selections
| Choice | Round | Pick | Overall | Player | Position | 1973-74 Amateur Club |
| 1 | 1 | 8 | 8 | Pierre Larouche | C | Sorel Black Hawks (QJHL) |
| 2 | 2 | 9 | 27 | Jacques Cossette | RW | Sorel Black Hawks (QJHL) |
| 3 | 4 | 8 | 62 | Mario Faubert | D | St. Louis University Billikens (CCHA) |
| 4 | 5 | 8 | 80 | Bruce Aberhart | G | London Knights (OHA) |
| 5 | 6 | 8 | 98 | William "Buzz" Schneider | LW | University of Minnesota Golden Gophers (WCHA) |
| 6 | 7 | 8 | 116 | Robbie Laird | LW | Regina Pats (WCHL) |
| 7 | 8 | 7 | 133 | Larry Finck | D | St. Catherines Black Hawks (OHA) |
| 8 | 9 | 7 | 150 | Jim Chicoyne | D | Brandon Wheat Kings (WCHL) |
| 9 | 10 | 6 | 166 | Rick Uhrich | RW | Regina Pats (WCHL) |
| 10 | 11 | 6 | 181 | Serge Gamelin | RW | Sorel Black Hawks (QJHL) |
| 11 | 12 | 6 | 195 | Rich Perron | D | Quebec Remparts (QJHL) |
| 12 | 13 | 5 | 206 | Rick Hindmarch | RW | University of Calgary Dinosaurs (CWUAA) |
| 13 | 14 | 5 | 216 | Bill Davis | D | Colgate University Raiders (ECAC) |
| 14 | 15 | 4 | 223 | J.D. Mathers | D | Northeastern University Huskies (ECAC) |
Pierre Larouche |
Jacques Cossette |
Mario Faubert |
Bruce Aberhart |
William "Buzz" Schneider |
Robbie Laird |
Larry Finck |
Jim Chicoyne |
Rick Uhrich |
Serge Gamelin |
Rich Perron |
Rick Hindmarch |
Bill Davis |
J.D. Mathers |