Transactions listed are from July 1, 1976 to June 30, 1977

• October 20, 1976

  Waived Bubbles Hawkins.

• January 18, 1977

  Traded George Johnson to the Buffalo Braves for a 1977 1st round draft pick (Wesley Cox was later selected).

• February 24, 1977

  Signed Larry McNeill as a free agent.

• June 10, 1977

  Drafted Rickey Green in the 1st round (16th pick) of the 1977 NBA Draft.

  Drafted Wesley Cox in the 1st round (18th pick) of the 1977 NBA Draft.

  Drafted Ricky Love in the 2nd round (38th pick) of the 1977 NBA Draft.

  Drafted Marlon Redmond in the 3rd round (60th pick) of the 1977 NBA Draft.

  Drafted Roy Smith in the 4th round (82nd pick) of the 1977 NBA Draft.

  Drafted Leartha Scott in the 4th round (87th pick) of the 1977 NBA Draft.

  Drafted Ray Epps in the 5th round (104th pick) of the 1977 NBA Draft.

  Drafted Jack Phelan in the 6th round (126th pick) of the 1977 NBA Draft.

  Drafted Jerry Thruston in the 7th round (146th pick) of the 1977 NBA Draft.

  Drafted Ricky Marsh in the 8th round (165th pick) of the 1977 NBA Draft.