Transactions listed are from July 1, 1970 to June 30, 1971

• August 26, 1970

  Traded George Lehmann to the Carolina Cougars for Rich Niemann.

• October 14, 1970

  Waived Skip Thoren.

• October 26, 1970

  Traded Greg Wittman and a draft choice to the Texas Chaparrals for Charles Beasley.

• December 3, 1970

  Charles Beasley claimed on waivers by the Texas Chaparrals.

• December 21, 1970

  Traded Rich Johnson to the Carolina Cougars for Ira Harge.

• January 15, 1971

  Fired Harold Blitman as Head Coach.

  Hired Bob Bass as Head Coach.

• January 22, 1971

  Drafted Willie Long in the ?? round (?? pick) of the 1971 ABA Draft.

• January 24, 1971

  Traded cash to the Denver Rockets for Lonnie Wright.

• February ?, 1971

  Signed Al Tucker.

• May 14, 1971

  Traded Tom Washington to the New York Nets for a draft choice.

• June 8, 1971

  Traded Ron Nelson to the Kentucky Colonels for Walter Piatkowski.