The 2004 WNBA season was the sixth for the Minnesota Lynx. The Lynx qualified for their second consecutive playoff berth, but lost in the opening round to eventual champion Seattle Storm.
Based on the Lynx's 2003 record, they would pick 7th in the Cleveland Rockers dispersal draft. The Lynx picked Helen Darling.
| Round | Pick | Player | Nationality | School/Club Team | |
| 1 | 6 | Nicole Ohlde (C) | Kansas State | ||
| 1 | 7 | Vanessa Hayden (C) | Florida | ||
| 2 | 20 | Tasha Butts (F) | Tennessee | ||
| 3 | 33 | Amber Jacobs (G) | Boston College | ||
| 3 | 38 | Kate Bulger (G) | West Virginia |
| Date | Opponent | Score | Result | Record | |
| May 20 | 85-88 | Loss | 0-1 | ||
| May 22 | 69-61 | Win | 1-1 | ||
| May 26 | 44-56 | Loss | 1-2 | ||
| May 28 | 73-62 | Win | 2-2 | ||
| May 30 | 64-68 | Loss | 2-3 | ||
| June 3 | 55-47 | Win | 3-3 | ||
| June 5 | 76-68 | Win | 4-3 | ||
| June 11 | 55-69 | Loss | 4-4 | ||
| June 17 | 50-60 | Loss | 4-5 | ||
| June 19 | 66-58 | Win | 5-5 | ||
| June 22 | 46-69 | Loss | 5-6 | ||
| June 24 | 57-70 | Loss | 5-7 | ||
| June 27 | 67-83 | Loss | 5-8 | ||
| June 30 | 58-50 (OT) | Win | 6-8 | ||
| July 3 | 78-70 | Win | 7-8 | ||
| July 8 | 56-58 | Loss | 7-9 | ||
| July 9 | 61-59 | Win | 8-9 | ||
| July 11 | 83-73 (OT) | Win | 9-9 | ||
| July 14 | 66-63 | Win | 10-9 | ||
| July 15 | 69-66 | Win | 11-9 | ||
| July 18 | 63-60 | Win | 12-9 | ||
| July 22 | 68-52 | Win | 13-9 | ||
| July 23 | 61-65 | Loss | 13-10 | ||
| July 28 | 66-53 | Win | 14-10 | ||
| July 30 | 55-70 | Loss | 14-11 | ||
| August 1 | 59-58 | Win | 15-11 | ||
| September 1 | 72-64 | Win | 16-11 | ||
| September 3 | 61-69 | Loss | 16-12 | ||
| September 8 | 68-72 | Loss | 16-13 | ||
| September 10 | 64-61 | Win | 17-13 | ||
| September 11 | 50-60 | Loss | 17-14 | ||
| September 14 | 59-70 | Loss | 17-15 | ||
| September 17 | 78-66 | Win | 18-15 | ||
| September 19 | 63-72 | Loss | 18-16 |
| Game | Date | Opponent | Score | Result | Record | |
| Western Conference Semifinals | ||||||
| 1 | September 25 | 58-70 | Loss | 0-1 | ||
| 2 | September 27 | 54-64 | Loss | 0-2 | ||
| Player | GP | REB | AST | STL | BLK | PTS | |
| Katie Smith | 23 | 84 | 52 | 23 | 6 | 432 | |
| Nicole Ohlde | 34 | 194 | 60 | 16 | 45 | 397 | |
| Tamika Raymond | 34 | 205 | 38 | 39 | 5 | 254 | |
| Teresa Edwards | 34 | 90 | 79 | 47 | 8 | 194 | |
| Vanessa Hayden | 29 | 84 | 7 | 7 | 29 | 153 | |
| Svetlana Abrosimova | 22 | 74 | 45 | 30 | 2 | 146 | |
| Helen Darling | 33 | 67 | 115 | 30 | 4 | 140 | |
| Amanda Lassiter | 33 | 80 | 37 | 21 | 22 | 127 | |
| Stacey Lovelace | 34 | 66 | 20 | 18 | 9 | 121 | |
| Amber Jacobs | 32 | 36 | 47 | 13 | 0 | 101 | |
| Tasha Butts | 30 | 62 | 25 | 13 | 7 | 76 | |
| Michele Van Gorp | 8 | 13 | 1 | 0 | 1 | 22 | |
| Gwen Slaughter | 3 | 1 | 0 | 0 | 1 | 2 |