2002–03 Milwaukee Bucks season

The 2002–03 NBA season was the Bucks' 35th season in the National Basketball Association. For the first time since 1993–94 season, Glenn Robinson was not on the opening day roster. During the off-season, the Bucks acquired Toni Kukoč from the Atlanta Hawks. In a year of transition, the Bucks played mediocre basketball with a 14–20 start, but then won 13 of their next 16 games, and held a 25–23 record at the All-Star break. In February 2003, just before the trading deadline, the Bucks dealt 3-time All-Star shooting guard Ray Allen to the Seattle SuperSonics in exchange for 34 year-old All-Star point guard Gary Payton and Desmond Mason. The Bucks won eight of their final nine games finishing fourth in the Central Division with a 42–40 record.

Sam Cassell averaged 19.7 points and 5.8 assists per game, while Michael Redd continued to show improvement averaging 15.1 points per game, and Tim Thomas provided the team with 13.3 points and 4.9 rebounds per game. In addition, Kukoč contributed 11.6 points and 1.3 steals per game off the bench, and Anthony Mason provided 7.2 points and 6.4 rebounds per game.

However, the Bucks did not make it out of the first round of the playoffs, losing 2–4 to the New Jersey Nets in the Eastern Conference First Round. The Nets would reach the Finals for the second consecutive year, but would lose in six games to the San Antonio Spurs. Following the season, Payton signed as a free agent with the Los Angeles Lakers, while Cassell and Ervin Johnson were both traded to the Minnesota Timberwolves, head coach George Karl was fired, and Mason retired.