Transactions listed are from July 1, 1965 to June 30, 1966

• September 22, 1965

  Traded Wali Jones to the Philadelphia 76ers for Red Kerr.

• October 10, 1965

  Traded Si Green to the Boston Celtics for a 1966 5th round draft pick (John Jones was later selected).

• October 27, 1965

  Acquired player rights to Ben Warley from the Philadelphia 76ers.

• November 2, 1965

  Traded Walt Bellamy to the New York Knicks for Jim Barnes, Johnny Egan, Johnny Green and cash.

• April 28, 1966

  Hired Mike Farmer as Head Coach.

• May 1, 1966

  Lost Jerry Sloan to the Chicago Bulls in the NBA expansion draft.

  Lost Red Kerr to the Chicago Bulls in the NBA expansion draft.

• May 11, 1966

  Drafted Jack Marin in the 1st round (5th pick) of the 1966 NBA Draft.

  Drafted Neil Johnson in the 2nd round (15th pick) of the 1966 NBA Draft.

  Drafted Dave Wagnon in the 3rd round (25th pick) of the 1966 NBA Draft.

  Drafted George Peeples in the 4th round (35th pick) of the 1966 NBA Draft.

  Drafted John Beasley in the 5th round (45th pick) of the 1966 NBA Draft.

  Drafted John Jones in the 5th round (46th pick) of the 1966 NBA Draft.

  Drafted Jeff Neuman in the 6th round (55th pick) of the 1966 NBA Draft.

  Drafted Dave Mills in the 7th round (64th pick) of the 1966 NBA Draft.

  Drafted Roland West in the 8th round (73rd pick) of the 1966 NBA Draft.

  Drafted Chuck Gardner in the 9th round (80th pick) of the 1966 NBA Draft.

  Drafted Guy Manning in the 10th round (87th pick) of the 1966 NBA Draft.

  Drafted Stan McKenzie in the 11th round (94th pick) of the 1966 NBA Draft.

  Drafted Grant Simmons in the 12th round (100th pick) of the 1966 NBA Draft.

  Drafted Al Lopes in the 13th round (103rd pick) of the 1966 NBA Draft.

  Drafted Jim Harter in the 14th round (105th pick) of the 1966 NBA Draft.

  Drafted Howard Bayne in the 15th round (107th pick) of the 1966 NBA Draft.

  Drafted Ken Barnes in the 16th round (109th pick) of the 1966 NBA Draft.

  Drafted Chris Pervall in the 17th round (110th pick) of the 1966 NBA Draft.

  Drafted Jerry Trice in the 18th round (111th pick) of the 1966 NBA Draft.

  Drafted Gene Visscher in the 19th round (112th pick) of the 1966 NBA Draft.

• May 28, 1966

  Paul Seymour resigns as Head Coach.