Transactions listed are from July 1, 1986 to June 30, 1987

• July ?, 1986

  Waived Jim Les.

• November 25, 1986

  Waived Cedric Henderson.

• December 26, 1986

  Signed Michael Wilson to the first of two 10-day contracts.

• January 6, 1987

  Signed Gus Williams as a veteran free agent and sent a 1990 2nd round draft pick (A.J. English was later selected) to the Washington Bullets as compensation.

• February 14, 1987

  Signed Jerome Henderson to a 10-day contract.

• June 22, 1987

  Drafted Dallas Comegys in the 1st round (21st pick) of the 1987 NBA Draft.

  Drafted Terrance Bailey in the 2nd round (42nd pick) of the 1987 NBA Draft.

  Drafted Terry Coner in the 2nd round (44th pick) of the 1987 NBA Draft.

  Drafted Song Tao in the 3rd round (67th pick) of the 1987 NBA Draft.

  Drafted Theofanis Christodoulou in the 4th round (90th pick) of the 1987 NBA Draft.

  Drafted Jose Antonio Montero in the 5th round (113th pick) of the 1987 NBA Draft.

  Drafted Riccardo Morandou in the 6th round (136th pick) of the 1987 NBA Draft.

  Drafted Franjo Arapovic in the 7th round (159th pick) of the 1987 NBA Draft.