Transactions listed are from July 1, 1996 to June 30, 1997

• July 30, 1996

  Released Todd Mundt.

  Waived Doug Smith.

• August 1, 1996

  Signed Frank Brickowski as a free agent.

• September 10, 1996

  Signed Nate Driggers as a free agent.

• October 8, 1996

  Signed Brett Szabo as a free agent.

• November 2, 1996

  Signed Marty Conlon as a free agent.

• November 8, 1996

  Signed Nate Driggers as a free agent.

• November 25, 1996

  Waived Nate Driggers.

• January 7, 1997

  Waived Brett Szabo.

• January 10, 1997

  Signed Brett Szabo to the first of two 10-day contracts.

• January 30, 1997

  Signed Brett Szabo to a contract for the rest of the season.

• February 8, 1997

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

• March 7, 1997

  Signed Michael Hawkins to a contract for the rest of the season.

• March 10, 1997

  Signed Stacey King to a 10-day contract.

• April 4, 1997

  Signed Nate Driggers to a 10-day contract.

• April 14, 1997

  Signed Nate Driggers to a contract for the rest of the season.

• April 30, 1997

  M.L. Carr resigns as Head Coach.

• May 6, 1997

  Hired Rick Pitino as Head Coach.

• May 27, 1997

  Traded Chris Wallace and a 1997 2nd round draft pick (Ben Pepper was later selected) to the Miami Heat for a 1997 2nd round draft pick (Mark Sanford was later selected).

• June 25, 1997

  Drafted Chauncey Billups in the 1st round (3rd pick) of the 1997 NBA Draft.

  Drafted Ron Mercer in the 1st round (6th pick) of the 1997 NBA Draft.

  Drafted Ben Pepper in the 2nd round (55th pick) of the 1997 NBA Draft.