The 2002 Mutua Madrileña Masters Madrid was a tennis tournament played on indoor hard courts. It was the 1st edition of the Madrid Masters and was part of the Tennis Masters Series of the 2002 ATP Tour. It took place at the Madrid Arena in Madrid in Spain from October 14 through October 20, 2002.
Andre Agassi defeated Jiří Novák by Walkover
- It was Agassi's 5th title of the year and the 55th of his career. It was his 6th Masters Series title of the year and his 15th overall.
Mark Knowles / Daniel Nestor defeated Mahesh Bhupathi / Max Mirnyi 6–3, 7–5, 6–0
- It was Knowles' 7th title of the year and the 24th of his career. It was Nestor's 6th title of the year and the 26th of his career.