Transactions listed are from July 1, 1976 to June 30, 1977

• August 5, 1976

  Drafted Artis Gilmore from the Kentucky Colonels in the dispersal draft.

  Drafted Artis Gilmore from the Kentucky Colonels in the dispersal draft.

• August 11, 1976

  Signed Allen Murphy as a free agent.

• August 28, 1976

  Hired Ed Badger as Head Coach.

• September 13, 1976

  Traded a 1977 3rd round draft pick (Steve Puidokas was later selected) to the Washington Bullets for Tom Kropp.

• September 15, 1976

  Released Steve Patterson.

• October 4, 1976

  Traded Allen Murphy to the Los Angeles Lakers for a future draft pick.

• October 13, 1976

  John Block retired.

• October 14, 1976

  Signed Paul McCracken as a free agent.

• October 18, 1976

  Waived Bobby Wilson.

• October 21, 1976

  Waived Leon Benbow.

• October 28, 1976

  Signed Wilbur Holland as a free agent.

  Waived Willie Smith.

• November 18, 1976

  Acquired player rights to John Mengelt from the Detroit Pistons.

• November 19, 1976

  Waived Paul McCracken.

• November 30, 1976

  Traded Bob Love to the New York Nets for a 1977 2nd round draft pick (Mike Glenn was later selected).

• January 11, 1977

  Signed Phil Hicks as a free agent.

• February 2, 1977

  Signed Leon Benbow as a free agent.

• June 10, 1977

  Drafted Tate Armstrong in the 1st round (13th pick) of the 1977 NBA Draft.

  Drafted Mike Glenn in the 2nd round (23rd pick) of the 1977 NBA Draft.

  Drafted Steve Sheppard in the 2nd round (30th pick) of the 1977 NBA Draft.

  Drafted Mark Landsberger in the 2nd round (35th pick) of the 1977 NBA Draft.

  Drafted Mike McConalthy in the 4th round (79th pick) of the 1977 NBA Draft.

  Drafted Nate Davis in the 5th round (101st pick) of the 1977 NBA Draft.

  Drafted Jay Cheesman in the 6th round (123rd pick) of the 1977 NBA Draft.

  Drafted Mike Smith in the 7th round (143rd pick) of the 1977 NBA Draft.

  Drafted Rich Rhodes in the 8th round (162nd pick) of the 1977 NBA Draft.

  Traded a 1977 2nd round draft pick (Larry Johnson was later selected) to the Buffalo Braves for a 1977 1st round draft pick (Tate Armstrong was later selected).