Transactions listed are from July 1, 1975 to June 30, 1976

• August 8, 1975

  Traded a 1976 3rd round draft pick (Mike Dabney was later selected) to the Los Angeles Lakers for Connie Hawkins.

• September 25, 1975

  Signed Jim Creighton as a free agent.

• October 7, 1975

  Traded Greg Lee to the Portland Trail Blazers for a future draft pick.

• October 22, 1975

  Traded Herm Gilliam to the Seattle SuperSonics for a 1976 3rd round draft pick (Larry Cooke was later selected).

• October 24, 1975

  John Wetzel claimed on waivers by the Phoenix Suns.

• January 31, 1976

  Signed Dennis DuVal as a free agent.

• March 22, 1976

  Waived Dennis DuVal.

• March 30, 1976

  Appointed Gene Tormohlen as Interim Head Coach.

  Fired Cotton Fitzsimmons as Head Coach.

• June 7, 1976

  Traded Dwight Jones and a 1976 1st round draft pick (John Lucas was later selected) to the Houston Rockets for Gus Bailey, Joe Meriweather and a 1976 1st round draft pick (Armond Hill was later selected).

• June 8, 1976

  Drafted Armond Hill in the 1st round (9th pick) of the 1976 NBA Draft.

  Drafted Bob Carrington in the 2nd round (28th pick) of the 1976 NBA Draft.

  Drafted Larry Cooke in the 3rd round (46th pick) of the 1976 NBA Draft.

  Drafted Tom Barker in the 4th round (53rd pick) of the 1976 NBA Draft.

  Drafted Ron Davis in the 5th round (70th pick) of the 1976 NBA Draft.

  Drafted Connie White in the 5th round (82nd pick) of the 1976 NBA Draft.

  Drafted Pete Padgett in the 6th round (88th pick) of the 1976 NBA Draft.

  Drafted Carl Gerlach in the 7th round (106th pick) of the 1976 NBA Draft.

  Drafted Doug Terry in the 8th round (124th pick) of the 1976 NBA Draft.

  Drafted Bob Kovach in the 9th round (142nd pick) of the 1976 NBA Draft.

  Drafted Mike Dickerson in the 10th round (159th pick) of the 1976 NBA Draft.

• June 16, 1976

  Traded Tom Van Arsdale to the Buffalo Braves for Ken Charles, Dick Gibbs and cash.