Transactions listed are from July 1, 1975 to June 30, 1976

• September 12, 1975

  Sold player rights to Joe Bryant to the Philadelphia 76ers.

• October 23, 1975

  Traded Steve Jones to the Portland Trail Blazers for a 1976 6th round draft pick (Dwayne Barnett was later selected).

• June 8, 1976

  Drafted Robert Parish in the 1st round (8th pick) of the 1976 NBA Draft.

  Drafted Sonny Parker in the 1st round (17th pick) of the 1976 NBA Draft.

  Drafted Marshall Rogers in the 2nd round (34th pick) of the 1976 NBA Draft.

  Drafted Jeff Fosnes in the 4th round (68th pick) of the 1976 NBA Draft.

  Drafted Carl Bird in the 5th round (86th pick) of the 1976 NBA Draft.

  Drafted Dwayne Barnett in the 6th round (91st pick) of the 1976 NBA Draft.

  Drafted Gene Cunningham in the 6th round (104th pick) of the 1976 NBA Draft.

  Drafted Jesse Campbell in the 7th round (122nd pick) of the 1976 NBA Draft.

  Drafted Stan Boskovich in the 8th round (140th pick) of the 1976 NBA Draft.

  Drafted Howard Smith in the 9th round (157th pick) of the 1976 NBA Draft.

  Drafted Ken Smith in the 10th round (173rd pick) of the 1976 NBA Draft.