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*Note- To pick up a player you must pay 1 million for that player OR IF THAT PLAYER WAS RELEASED BY YOU THEN YOU MAY PICK HIM UP AGAIN..thanks
| POSITION | NAME | TEAM RELEASED BY |
| PG | Janerro Pargo | Knicks |
| SG | Eric Piatkowski | Knicks |
| C | Michael Doleac | Knicks |
| SG | Quentel Woods | Knicks |
| PG | Alvin Williams | 76ers |
| PG | Eddie House | Knicks |
| PG | Keith Mcleod | Jazz |
| PG | Mike Wilks | Sonics |
| PF | Mikki Moore | Sonics |
| PG | Jaquan Hart | Knicks |
| SG | Tony Bland | Knicks |
| SF | Dan Langhi | Knicks |
| SG | Derrick Byars | Knicks |
| PG | Engin Atsur | Knicks |
| PG | Moochie Norris | Hornets |
| PG | Anthony Johnson | Pacers |
| PG | Eddie Gill | Pacers |
| SG | Calbert Cheaney | Warriors |
