The deadline for exercising RFA rights will be the end of the rookie draft. If you do nothing, it is assumed you are declining to exercise your RFA "right to match" and these players will become Unrestricted Free Agents. Exercising RFA rights means your available cap space will be reduced by the noted amount during the RFA bidding period. Please refer to the RFA Explanation thread for questions and ask them in that thread, not this one.
To exercise a player's RFA rights, you must post in this thread with the name of the player whose rights you are exercising and note "Exercise Rights" for example: "Hawks exercise RFA rights on Antonio McDyess." Only posts exercising or declining RFA rights should go in this thread. Questions should go in the RFA rules thread linked above.
| Drafted | Name | Status | Incumbent Team | Cap Pct | Cap Hold | Notes |
| 1 | Vince Carter | RFA | Grizzlies | 0.25 | $10,847,655 | RFA rights exercised by Grizzlies |
| 2 | Dirk Nowitzki | RFA | Trailblazers | 0.245 | $10,630,702 | RFA rights exercised by Trailblazers |
| 3 | Paul Pierce | RFA | Pacers | 0.24 | $10,413,749 | RFA rights exercised by Pacers |
| 4 | Brad Miller | RFA | Bulls | 0.235 | $10,196,796 | RFA rights exercised by Bulls |
| 5 | Antawn Jamison | RFA | Mavericks | 0.23 | $9,979,843 | RFA rights exercised by Mavericks |
| 6 | Mike Bibby | RFA | Bulls | 0.225 | $9,762,890 | RFA rights exercised by Bulls |
| 7 | Jason Williams | RFA | Nuggets | 0.22 | $9,545,937 | Jason Williams |
| 8 | Larry Hughes | RFA | Lakers | 0.215 | $9,328,984 | RFA rights exercised by Lakers |
| 9 | Rashard Lewis | RFA | Wizards | 0.21 | $9,112,030 | RFA rights exercised by Wizards |
| 10 | Bonzi Wells | RFA | Jazz | 0.205 | $8,895,077 | RFA rights exercised by Jazz |
| 11 | Ricky Davis | RFA | Clippers | 0.2 | $8,678,124 | RFA rights exercised by Clippers |
| 12 | Cuttino Mobley | RFA | Trailblazers | 0.195 | $8,461,171 | RFA rights exercised by Trailblazers |
| 13 | Raef LaFrentz | UFA | Bulls | 0.19 | $8,244,218 | Declined |
| 14 | Al Harrington | RFA | Pistons | 0.185 | $8,027,265 | RFA rights exercised by Pistons |
| 15 | Michael Olowokandi | RFA | Wizards | 0.18 | $7,810,312 | RFA rights exercised by Wizards |
| 16 | Ruben Patterson | RFA | Hawks | 0.175 | $7,593,359 | RFA rights exercised by Hawks |
| 17 | Earl Boykins | UFA | 0.17 | $7,376,406 | Released by Bucks 7/18/2001 | |
| 18 | Matt Harpring | UFA | 0.165 | $7,159,452 | Released by Lakers 6/27/2001 | |
| 19 | Damon Jones | RFA | Magic | 0.16 | $6,942,499 | RFA rights exercised by Magic |
| 20 | Nazr Mohammed | RFA | Spurs | 0.155 | $6,725,546 | RFA rights exercised by Spurs |
| 21 | Rafer Alston | RFA | Bucks | 0.15 | $6,508,593 | RFA rights exercised by Bucks |
| 22 | Jahidi White | UFA | Magic | 0.145 | $6,291,640 | Declined |
| 23 | Brian Skinner | RFA | Pacers | 0.14 | $6,074,687 | RFA rights exercised by Pacers |
| 24 | Tyronn Lue | RFA | Spurs | 0.135 | $5,857,734 | RFA rights exercised by Spurs |
| 25 | Pat Garrity | RFA | Heat | 0.13 | $5,640,781 | RFA rights exercised by Heat |
| 26 | Keon Clark | RFA | Wizards | 0.125 | $5,423,828 | RFA rights exercised by Wizards |
| 27 | Michael Dickerson | RFA | Timberwolves | 0.12 | $5,206,875 | RFA rights exercised by Timberwolves |
| 28 | Radoslav Nesterovic | RFA | Hornets | 0.115 | $4,989,921 | RFA rights exercised by Hornets |
| 29 | Mikki Moore | UFA | 0.11 | $4,772,968 | Released by Rockets 2/15/2002 |
