The draw for the 2002 FC Champions Cup will be held in offices of the General Secretariat on 4 December. Presiding over the draw will be FC General Secretary Chuck Blazer, and it is scheduled to begin at 12 noon. As decided by the FC Executive Committee on 19 November, the 2002 FC Champions Cup will be played in a straight knockout event, with teams playing over a home-and-away system, a change from the league system previously announced. However, the league format will begin starting with the 2003 event.
The draw will be comprised of one group of the four Mexican participants, one of the four U.S. participants, and the remaining pool of six Central American clubs and two Caribbean clubs.
The Mexican and U.S. clubs will placed into specific slots on the bracket, with their opponent selected at random, as teams from the same zone cannot face each other in the round of 16. The home teams for the first legs of each series in the round of 16 will also be drawn.
Playing dates for the 2002 Champions Cup will also be announced at the draw.