| 1986 Team List (39 players) | ||||
| David Ackerly | new | |||
| Mark Arceri | ||||
| Graeme Atkins | 61 games | 5 seasons | ||
| Ben Buckley | new | |||
| David Ceglar | new | |||
| Darren Crocker | ||||
| Andrew Demetriou | ||||
| David Dwyer | ||||
| Ian Fairley | ||||
| Anthony Furey | ||||
| Peter German | ||||
| Ross Glendinning | 190 games | 9 seasons | to West Coast | |
| Tim Harrington | 20 games | 3 seasons | ||
| Darren Harris | new | |||
| Stephen Hickey | ||||
| John Holt | ||||
| Peter Jonas | ||||
| Doug Koop | 5 games | 2 seasons | ||
| Jim Krakouer | ||||
| Phil Krakouer | ||||
| Matthew Larkin | ||||
| John Law | ||||
| Mark Lisle | ||||
| Jason Love | new | |||
| Stephen McCann | ||||
| John McCarthy | new | |||
| Donald McDonald | ||||
| Rick Norman | 12 games | 2 seasons | to Brisbane | |
| Michael Passmore | ||||
| Roy Ramsay | ||||
| Rohan Robertson | ||||
| Shane Robertson | 4 games | 2 seasons | ||
| Robert Saggers | new | |||
| Wayne Schimmelbusch | ||||
| Peter Smith | 36 games | 6 seasons | to Brisbane | |
| Ross Smith | ||||
| Paul Spargo | ||||
| Darren Steele | ||||
| Jamie Stevenson | ||||