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

• September 15, 1965

  Sold player rights to Joe Strawder to the Detroit Pistons.

• October 10, 1965

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

• October 28, 1965

  Signed Don Nelson as a free agent.

• December 13, 1965

  Signed Woody Sauldsberry as a free agent.

• April 18, 1966

  Hired Bill Russell as Head Coach.

• May 1, 1966

  Lost Ron Bonham to the Chicago Bulls in the NBA expansion draft.

  Lost John Thompson to the Chicago Bulls in the NBA expansion draft.

• May 11, 1966

  Drafted Jim Barnett in the 1st round (8th pick) of the 1966 NBA Draft.

  Drafted Leon Clark in the 2nd round (18th pick) of the 1966 NBA Draft.

  Drafted Gary Turner in the 3rd round (28th pick) of the 1966 NBA Draft.

  Drafted Johnny Austin in the 4th round (38th pick) of the 1966 NBA Draft.

  Drafted Charlie Hunter in the 6th round (58th pick) of the 1966 NBA Draft.

  Drafted Gary Ward in the 7th round (67th pick) of the 1966 NBA Draft.

  Drafted Russ Gumina in the 8th round (76th pick) of the 1966 NBA Draft.