| Champ: |  David Sánchez |
| Runner: | Marcelo Ríos |
| Score: | 1–6, 6–3, 6–3 |
| Draw: | 32 |
| Seeds: | 8 |
| Main Name: | Chile Open (tennis) BellSouth Open |
| Before Name: | BellSouth Open |
| After Name: | BellSouth Open |
| Type: | men |
Fernando González was the defending champion but did not compete that year.
David Sánchez won in the final 1–6, 6–3, 6–3 against Marcelo Ríos.
Gastón Gaudio (semifinals)
José Acasuso (second round) Agustín Calleri (quarterfinals) Fernando Vicente (second round) Félix Mantilla (quarterfinals) David Ferrer (second round)