Transactions listed are from July 1, 1986 to June 30, 1987

• July ?, 1986

  Waived Anthony Frederick.

• October 2, 1986

  Traded a 1987 1st round draft pick (Olden Polynice was later selected) to the New York Knicks for Darrell Walker.

• October 4, 1986

  Received a 1988 2nd round draft pick (Todd Mitchell was later selected) as compensation for the Chicago Bulls signing Elston Turner as a veteran free agent.

• October 11, 1986

  Richard Anderson signed as a veteran free agent with the Houston Rockets; received a 1988 3rd round draft pick (Dwight Boyd was later selected) as compensation.

• October 24, 1986

  Traded Pete Williams to the Milwaukee Bucks for a 1987 7th round draft pick (Curtis Hunter was later selected).

• November 26, 1986

  Waived Pete Williams.

• June 22, 1987

  Drafted Andre Moore in the 2nd round (31st pick) of the 1987 NBA Draft.

  Drafted Tom Schafer in the 3rd round (54th pick) of the 1987 NBA Draft.

  Drafted David Boone in the 4th round (77th pick) of the 1987 NBA Draft.

  Drafted Ron Grandison in the 5th round (100th pick) of the 1987 NBA Draft.

  Drafted Kelvin Scarborough in the 6th round (123rd pick) of the 1987 NBA Draft.

  Drafted Rowan Gomes in the 7th round (146th pick) of the 1987 NBA Draft.

  Drafted Curtis Hunter in the 7th round (156th pick) of the 1987 NBA Draft.