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 | Baron Davis | RFA | 76ers | 0.25 | $11,436,585 | RFA rights exercised by 76ers |
| 2 | Elton Brand | RFA | Raptors | 0.245 | $11,207,853 | RFA rights exercised by Raptors |
| 3 | Shawn Marion | UFA | Grizzlies | 0.24 | $10,979,121 | Luxury tax unpaid, may not exercise RFA rights |
| 4 | Steve Francis | RFA | Celtics | 0.235 | $10,750,390 | RFA Rights exercised by Celtics |
| 5 | Andrei Kirilenko | RFA | Jazz | 0.23 | $10,521,658 | RFA rights exercised by Jazz |
| 6 | Manu Ginobili | RFA | Bucks | 0.225 | $10,292,926 | RFA Rights exercised by Bucks |
| 7 | Ron Artest | RFA | Bucks | 0.22 | $10,064,195 | RFA Rights exercised by Bucks |
| 8 | Andre Miller | RFA | Mavericks | 0.215 | $9,835,463 | RFA Rights exercised by Mavericks |
| 9 | Lamar Odom | RFA | Wizards | 0.21 | $9,606,731 | RFA Rights exercised by Wizards |
| 10 | Jason Terry | RFA | Pistons | 0.205 | $9,377,999 | RFA Rights exercised by Pistons |
| 11 | Richard Hamilton | RFA | 76ers | 0.2 | $9,149,268 | RFA Rights exercised by 76ers |
| 12 | Wally Szczerbiak | RFA | Wizards | 0.195 | $8,920,536 | RFA Rights exercised by Wizards |
| 13 | Corey Maggette | RFA | Nets | 0.19 | $8,691,804 | RFA Rights exercised by Nets |
| 14 | James Posey | RFA | Pistons | 0.185 | $8,463,073 | RFA Rights exercised by Pistons |
| 15 | Jeff Foster | RFA | Magic | 0.18 | $8,234,341 | RFA rights exercised by Magic |
| 16 | Chucky Atkins | UFA | 0.175 | $8,005,609 | Option declined 10/16/2001 by Magic, UFA last year | |
| 17 | Anthony Carter | UFA | Suns | 0.17 | $7,776,878 | No response from Suns |
| 18 | Todd MacCullough | UFA | Jazz | 0.165 | $7,548,146 | Jazz declined to exercise RFA rights |
| 19 | Greg Buckner | UFA | Warriors | 0.16 | $7,319,414 | Luxury tax unpaid, may not exercise RFA rights |
| 20 | Adrian Griffin | UFA | 0.155 | $7,090,683 | Released by Bucks 7/17/2002 | |
| 21 | Jonathan Bender | RFA | Wizards | 0.15 | $6,861,951 | RFA Rights exercised by Wizards |
| 22 | Vonteego Cummings | UFA | 0.145 | $6,633,219 | Option declined 10/16/01 by Celtics, UFA last year | |
| 23 | Calvin Booth | RFA | Spurs | 0.14 | $6,404,487 | RFA rights exercised by Spurs |
| 24 | Trajan Langdon | UFA | Clippers | 0.135 | $6,175,756 | No response from Clippers |
| 25 | Jumaine Jones | UFA | 0.13 | $5,947,024 | Option declined 10/15/00 by Raptors | |
| 26 | Kenny Thomas | RFA | Trailblazers | 0.125 | $5,718,292 | RFA Rights exercised by Trailblazers |
| 27 | Devean George | UFA | Wizards | 0.12 | $5,489,561 | Rights declined by Wizards |
| 28 | Evan Eschmeyer | UFA | 0.115 | $5,260,829 | Released by Suns 2/1/2003 | |
| 29 | Dedric Willoughby | UFA | Pistons | 0.11 | $5,032,097 | No response from Pistons on Willoughby |
