Transactions listed are from July 1, 1974 to June 30, 1975

• August 14, 1974

  Signed Charles Dudley as a free agent.

• September 3, 1974

  Traded Nate Thurmond to the Chicago Bulls for Clifford Ray and a 1975 1st round draft pick (Joe Bryant was later selected).

• September 6, 1974

  Cazzie Russell signed as a veteran free agent with the Los Angeles Lakers; received a 1976 1st round draft pick (Robert Parish was later selected) as compensation.

• September 9, 1974

  Acquired player rights to Steve Bracey from the Atlanta Hawks.

• September 25, 1974

  Signed Zelmo Beaty.

• March 1, 1975

  Signed Bill Bridges as a free agent.

  Waived Frank Kendrick.

• May 29, 1975

  Drafted Joe Bryant in the 1st round (14th pick) of the 1975 NBA Draft.

  Drafted Gus Williams in the 2nd round (20th pick) of the 1975 NBA Draft.

  Drafted Otis Johnson in the 3rd round (40th pick) of the 1975 NBA Draft.

  Drafted Bubbles Hawkins in the 3rd round (51st pick) of the 1975 NBA Draft.

  Drafted Billy Taylor in the 4th round (69th pick) of the 1975 NBA Draft.

  Drafted Larry Pounds in the 5th round (87th pick) of the 1975 NBA Draft.

  Drafted Tony Styles in the 6th round (105th pick) of the 1975 NBA Draft.

  Drafted Stan Boyer in the 7th round (123rd pick) of the 1975 NBA Draft.

  Drafted Mike Rozenski in the 8th round (141st pick) of the 1975 NBA Draft.

  Drafted Scott Trobbe in the 9th round (157th pick) of the 1975 NBA Draft.

  Drafted Maurice Harper in the 10th round (171st pick) of the 1975 NBA Draft.

  Traded Butch Beard, a 1975 1st round draft pick (John Lambert was later selected) and a 1975 2nd round draft pick (Mel Utley was later selected) to the Cleveland Cavaliers for Dwight Davis.