Transactions listed are from July 1, 1971 to June 30, 1972
Signed Coby Dietrick.
July 21, 1971
Traded Wayne Hightower to the Carolina Cougars for cash.
September ?, 1971
Signed Len Chappell.
September 15, 1971
Waived Bob Bedell.
October ?, 1971
Signed George Johnson.
November 1, 1971
Traded cash and Gene Moore to the New York Nets for a draft choice.
November 8, 1971
Traded John Beasley to the Utah Stars for a draft choice, cash and George Peeples.
April 20, 1972
Tom Nissalke resigns as Head Coach.
April 27, 1972
Hired Babe McCarthy as Head Coach.
June 13, 1972
Drafted John Brisker from the Pittsburgh Condors in the dispersal draft.
Drafted Skeeter Swift from the Pittsburgh Condors in the dispersal draft.
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