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

• October 20, 1965

  Traded Bud Olsen and cash to the San Francisco Warriors for Connie Dierking and Art Heyman.

• December 2, 1965

  Art Heyman claimed on waivers by the Philadelphia 76ers.

• December 8, 1965

  Sold player rights to Bill Chmielewski to the Detroit Pistons.

• May 1, 1966

  Lost Nate Bowman to the Chicago Bulls in the NBA expansion draft.

  Lost Tom Thacker to the Chicago Bulls in the NBA expansion draft.

• May 11, 1966

  Drafted Walt Wesley in the 1st round (6th pick) of the 1966 NBA Draft.

  Drafted Jerry Lee Wells in the 2nd round (16th pick) of the 1966 NBA Draft.

  Drafted Jim Ware in the 3rd round (26th pick) of the 1966 NBA Draft.

  Drafted Charles Schmaus in the 4th round (36th pick) of the 1966 NBA Draft.

  Drafted Rick Parks in the 5th round (47th pick) of the 1966 NBA Draft.

  Drafted Steve Cunningham in the 6th round (56th pick) of the 1966 NBA Draft.

  Drafted Gary Schull in the 7th round (65th pick) of the 1966 NBA Draft.

  Drafted Ron Krick in the 8th round (74th pick) of the 1966 NBA Draft.

  Drafted Billy Smith in the 9th round (81st pick) of the 1966 NBA Draft.

  Drafted Freddie Lewis in the 10th round (88th pick) of the 1966 NBA Draft.

  Drafted R.B. Lynam in the 11th round (95th pick) of the 1966 NBA Draft.