Transactions listed are from July 1, 1987 to June 30, 1988

• October 2, 1987

  Signed Mike O'Koren as a free agent.

• October 16, 1987

  Traded Sam Vincent and Scott Wedman to the Seattle SuperSonics for a 1988 2nd round draft pick (Sylvester Gray was later selected).

• November 2, 1987

  Sold player rights to Mike O'Koren to the New Jersey Nets.

• November 3, 1987

  Waived Rick Carlisle.

• November 30, 1987

  Waived Conner Henry.

• December 17, 1987

  Signed Dirk Minniefield as a free agent.

• January 8, 1988

  Signed Artis Gilmore as a free agent.

• February 1, 1988

  Waived Greg Kite.

• February 3, 1988

  Greg Kite claimed on waivers by the Los Angeles Clippers.

• February 23, 1988

  Traded Jerry Sichting to the Portland Trail Blazers for Jim Paxson.

• February 24, 1988

  Waived Darren Daye.

• May 3, 1988

  Hired Jimmy Rodgers as Head Coach.

  K.C. Jones resigns as Head Coach.

• June 23, 1988

  Lost Fred Roberts to the Miami Heat in the NBA expansion draft.

  Traded a 1988 2nd round draft pick (Sylvester Gray was later selected) to the Miami Heat. Miami agreed not to select Dennis Johnson in the expansion draft.

• June 28, 1988

  Drafted Brian Shaw in the 1st round (24th pick) of the 1988 NBA Draft.

  Drafted Gerald Paddio in the 3rd round (74th pick) of the 1988 NBA Draft.