Transactions listed are from July 1, 1995 to June 30, 1996
September 19, 1995
Traded Bison Dele to the Los Angeles Clippers for Elmore Spencer.
September 26, 1995
Signed Rastko Cvetković as a free agent.
October 2, 1995
Signed Nate Driggers as a free agent.
October 16, 1995
Waived Nate Driggers.
October 30, 1995
Traded Robert Pack to the Washington Bullets for Don MacLean and Doug Overton.
December 21, 1995
Waived Randy Woods.
Waived Elmore Spencer.
December 26, 1995
Signed Reggie Slater as a free agent.
January 5, 1996
Waived Reggie Slater.
March 7, 1996
Signed Matt Fish to the first of two 10-day contracts.
March 27, 1996
Signed Matt Fish to a contract for the rest of the season.
March 29, 1996
Signed Greg Grant as a free agent.
June 13, 1996
Traded Mahmoud Abdul-Rauf to the Sacramento Kings for Šarūnas Marčiulionis and a 1996 2nd round draft pick (Jeff McInnis was later selected).
Traded Jalen Rose, Reggie Williams and a 1996 1st round draft pick (Erick Dampier was later selected) to the Indiana Pacers for Mark Jackson, Ricky Pierce and a 1996 1st round draft pick (Efthimis Rentzias was later selected).
June 26, 1996
Drafted Efthimis Rentzias in the 1st round (23rd pick) of the 1996 NBA Draft.
Drafted Jeff McInnis in the 2nd round (37th pick) of the 1996 NBA Draft.
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