Transactions listed are from July 1, 1981 to June 30, 1982

• September 2, 1981

  Waived Kurt Nimphius.

• October 15, 1981

  Waived Ken Green.

• November 27, 1981

  Signed David Burns as a free agent.

• December 17, 1981

  Sold player rights to Ronnie Valentine to the Washington Bullets.

  Waived David Burns.

• June 16, 1982

  Traded David Thompson to the Seattle SuperSonics for Bill Hanzlik and a 1982 1st round draft pick (Rob Williams was later selected). Denver originally received Wally Walker but he was ruled ineligible.

• June 21, 1982

  Traded a 1982 1st round draft pick (David Thirdkill was later selected) to the Phoenix Suns for Rich Kelley.

• June 29, 1982

  Drafted Rob Williams in the 1st round (19th pick) of the 1982 NBA Draft.

  Drafted Roylin Bond in the 3rd round (62nd pick) of the 1982 NBA Draft.

  Drafted Alford Turner in the 4th round (84th pick) of the 1982 NBA Draft.

  Drafted Bill Duffy in the 5th round (109th pick) of the 1982 NBA Draft.

  Drafted Chris Brust in the 6th round (131st pick) of the 1982 NBA Draft.

  Drafted Jeb Barlow in the 7th round (153rd pick) of the 1982 NBA Draft.

  Drafted Donnie Speer in the 8th round (178th pick) of the 1982 NBA Draft.

  Drafted Dean Sears in the 9th round (200th pick) of the 1982 NBA Draft.

  Drafted Mike Phillips in the 10th round (220th pick) of the 1982 NBA Draft.