Transactions listed are from July 1, 1981 to June 30, 1982

• Unknown Date

  Signed Jim Zoet as a free agent.

• August 12, 1981

  Traded a 1982 4th round draft pick (James Griffin was later selected) to the New Jersey Nets for Rory Sparrow and a 1985 4th round draft pick (John Battle was later selected).

• October 12, 1981

  Signed Mike Glenn as a veteran free agent and sent a 1982 2nd round draft pick (Vince Taylor was later selected) to the New York Knicks as compensation.

• November 18, 1981

  Waived Craig Shelton.

• January 20, 1982

  Traded Charlie Criss and Al Wood to the San Diego Clippers for Freeman Williams.

• June 29, 1982

  Drafted Keith Edmonson in the 1st round (10th pick) of the 1982 NBA Draft.

  Drafted Joe Kopicki in the 3rd round (56th pick) of the 1982 NBA Draft.

  Drafted Mark Hall in the 5th round (102nd pick) of the 1982 NBA Draft.

  Drafted Jay Bruchak in the 6th round (126th pick) of the 1982 NBA Draft.

  Drafted Horace Wyatt in the 7th round (148th pick) of the 1982 NBA Draft.

  Drafted James Ratiff in the 8th round (172nd pick) of the 1982 NBA Draft.

  Drafted Pierre Bland in the 9th round (194th pick) of the 1982 NBA Draft.

  Drafted Ronnie McAdoo in the 10th round (216th pick) of the 1982 NBA Draft.

• June 30, 1982

  Traded a 1984 2nd round draft pick (Ben Coleman was later selected) to the Kansas City Kings for Jim Johnstone.