Transactions listed are from July 1, 1987 to June 30, 1988

• October 30, 1987

  Waived Dennis Nutt.

• November 17, 1987

  Waived Al Wood.

• June 23, 1988

  Lost Arvid Kramer to the Miami Heat in the NBA expansion draft.

  Traded a 1988 1st round draft pick (Kevin Edwards was later selected) to the Miami Heat. Miami agreed to select Arvid Kramer in the expansion draft.

• June 28, 1988

  Drafted Morlon Wiley in the 2nd round (46th pick) of the 1988 NBA Draft.

  Drafted José Vargas in the 2nd round (49th pick) of the 1988 NBA Draft.

  Drafted Jerry Johnson in the 3rd round (70th pick) of the 1988 NBA Draft.