Transactions listed are from July 1, 1977 to June 30, 1978

• September 26, 1977

  Waived Edmund Lawrence.

• October 3, 1977

  Traded a 1981 1st round draft pick (Al Wood was later selected) and a 1983 1st round draft pick (Rodney McCray was later selected) to the Philadelphia 76ers for Terry Furlow.

• October 10, 1977

  Jim Cleamons signed as a veteran free agent with the New York Knicks; received Walt Frazier as compensation.

• October 17, 1977

  Traded Gary Brokaw to the Buffalo Braves for future considerations.

• December 12, 1977

  Eddie Jordan claimed on waivers by the New Jersey Nets.

• June 1, 1978

  Traded a 1979 1st round draft pick (Greg Kelser was later selected) to the Milwaukee Bucks for a 1978 1st round draft pick (Mike Mitchell was later selected).

• June 9, 1978

  Drafted Mike Mitchell in the 1st round (15th pick) of the 1978 NBA Draft.

  Drafted Harry Davis in the 2nd round (33rd pick) of the 1978 NBA Draft.

  Drafted Kenny Higgs in the 3rd round (57th pick) of the 1978 NBA Draft.

  Drafted Stan Rome in the 4th round (78th pick) of the 1978 NBA Draft.

  Drafted Ken Koenigs in the 5th round (99th pick) of the 1978 NBA Draft.

  Drafted Ron Bell in the 6th round (123rd pick) of the 1978 NBA Draft.

  Drafted Tony Smith in the 7th round (143rd pick) of the 1978 NBA Draft.

  Drafted Roland Martin in the 8th round (161st pick) of the 1978 NBA Draft.

  Drafted Steve Bayless in the 9th round (180th pick) of the 1978 NBA Draft.

  Drafted Gary Winton in the 10th round (194th pick) of the 1978 NBA Draft.