| Player | Pos | DOB | Exp. | Status |
| Elton Brand | PF | 03/11/79 | 8 | Signs with Philadelphia (July 9) |
| Baron Davis | PG | 04/13/79 | 8 | Signs with L.A. Clippers from Golden State (July 10) |
| Paul Davis | C | 07/21/84 | 1 | Re-signs (Aug. 18) |
| Ricky Davis | SG | 09/23/79 | 9 | Signs with L.A. Clippers from Miami (July 28) |
| Jason Williams | PG | 11/18/75 | 9 | Signs with L.A. Clippers from Miami (Aug. 7); Retires (Sept. 26) |
| Dan Dickau | PG | 09/16/78 | 5 | Team renounces rights (July 10); Signs with Golden State (Oct. 1); Waived by Golden State (Oct. 19) |
| Shaun Livingston | PG | 09/11/85 | 3 | Team renounces rights (July 10); signs with Miami (Oct. 3) |
| Corey Maggette | SF | 11/12/79 | 8 | Signs with Golden State (July 10) |
| Smush Parker | PG | 06/01/81 | 4 | Team renounces rights (July 10); Signs with Denver (Sept. 30) |
| Josh Powell | SF | 01/25/83 | 3 | Waived (July 30); Signs with L.A. Lakers (Aug. 14) |
| Quinton Ross | SF | 04/30/81 | 3 | Unrestricted |
| Brian Skinner | PF | 05/19/76 | 9 | Signs with Los Angeles Clippers from Phoenix (July 31) |