Transactions listed are from July 1, 1970 to June 30, 1971

• September 15, 1970

  Signed A.W. Holt as a free agent.

• October 13, 1970

  Signed Jim King as a free agent.

• October 16, 1970

  Traded a 1971 2nd round draft pick (Marvin Stewart was later selected) to the Philadelphia 76ers for Matt Guokas.

• October 20, 1970

  Traded Shaler Halimon to the Portland Trail Blazers for a 1971 2nd round draft pick (Willie Sojourner was later selected).

• January 26, 1971

  Waived A.W. Holt.

• March 29, 1971

  Drafted Kenny McIntosh in the 1st round (15th pick) of the 1971 NBA Draft.

  Drafted Willie Sojourner in the 2nd round (20th pick) of the 1971 NBA Draft.

  Drafted Howard Porter in the 2nd round (32nd pick) of the 1971 NBA Draft.

  Drafted Clifford Ray in the 3rd round (40th pick) of the 1971 NBA Draft.

  Drafted Mike Gale in the 3rd round (47th pick) of the 1971 NBA Draft.

  Drafted Dick Gibbs in the 3rd round (49th pick) of the 1971 NBA Draft.

  Drafted Jim Irving in the 4th round (66th pick) of the 1971 NBA Draft.

  Drafted Larry Weatherford in the 5th round (83rd pick) of the 1971 NBA Draft.

  Drafted Jim England in the 6th round (100th pick) of the 1971 NBA Draft.

  Drafted Artis Gilmore in the 7th round (117th pick) of the 1971 NBA Draft.

  Drafted Clarence Sherrod in the 8th round (134th pick) of the 1971 NBA Draft.

  Drafted Jackie Dinkins in the 9th round (150th pick) of the 1971 NBA Draft.

  Drafted David Withers in the 10th round (166th pick) of the 1971 NBA Draft.

  Drafted Al Smith in the 11th round (180th pick) of the 1971 NBA Draft.

  Drafted Ken Riley in the 12th round (193rd pick) of the 1971 NBA Draft.

  Drafted Ed Goode in the 13th round (205th pick) of the 1971 NBA Draft.

  Drafted Richard Dixon in the 14th round (214th pick) of the 1971 NBA Draft.

  Drafted Lisco Thomas in the 15th round (223rd pick) of the 1971 NBA Draft.

  Drafted Bob Bissant in the 16th round (229th pick) of the 1971 NBA Draft.

• April 15, 1971

  Waived George Johnson.

• May 14, 1971

  Traded Matt Guokas and a future draft pick to the Cincinnati Royals for Charlie Paulk.

• June 9, 1971

  Traded Dick Gibbs to the San Diego Rockets for a 1973 2nd round draft pick (Kevin Stacom was later selected).

• June 15, 1971

  Traded Paul Ruffner to the Pittsburgh Condors. Compensation

• July 20, 1971

  Traded Paul Ruffner and cash to the Pittsburgh Condors for Howard Porter.