Transactions listed are from July 1, 1971 to June 30, 1972

• August 13, 1971

  Traded a 1972 3rd round draft pick (Scott English was later selected) and a future 3rd round draft pick to the Phoenix Suns for Greg Howard.

• October 13, 1971

  Traded a 1972 2nd round draft pick (Jim Price was later selected), a 1973 1st round draft pick (Kermit Washington was later selected) and a 1973 2nd round draft pick (Bill Schaeffer was later selected) to the Los Angeles Lakers for Rick Roberson.

• November 15, 1971

  Traded Luther Rackley to the New York Knicks for a 1972 2nd round draft pick (Steve Hawes was later selected) and a future draft pick.

• April 10, 1972

  Drafted Dwight Davis in the 1st round (3rd pick) of the 1972 NBA Draft.

  Drafted Steve Hawes in the 2nd round (24th pick) of the 1972 NBA Draft.

  Drafted Hank Siemiontkowski in the 4th round (50th pick) of the 1972 NBA Draft.

  Drafted Sam Cash in the 5th round (66th pick) of the 1972 NBA Draft.

  Drafted Tom Parker in the 6th round (83rd pick) of the 1972 NBA Draft.

  Drafted Steve Davidson in the 7th round (100th pick) of the 1972 NBA Draft.

  Drafted Roger Evans in the 8th round (116th pick) of the 1972 NBA Draft.

  Drafted Greg Starrick in the 9th round (132nd pick) of the 1972 NBA Draft.

  Drafted Kent Martens in the 10th round (145th pick) of the 1972 NBA Draft.