Transactions listed are from July 1, 1977 to June 30, 1978

• July 11, 1977

  Jamaal Wilkes signed as a veteran free agent with the Los Angeles Lakers; received cash and a 1978 1st round draft pick (Purvis Short was later selected) as compensation.

• October 3, 1977

  Signed E.C. Coleman as a veteran free agent and sent a 1978 1st round draft pick (James Hardy was later selected) to the New Orleans Jazz as compensation.

• October 17, 1977

  Gus Williams signed as a veteran free agent with the Seattle SuperSonics; received cash as compensation.

  Waived Marlon Redmond.

• November 14, 1977

  Waived Larry McNeill.

• January 5, 1978

  Traded a 1978 2nd round draft pick (Tommie Green was later selected) to the New Orleans Jazz for Nate Williams.

  Waived Charles Johnson.

• February 17, 1978

  Received future considerations as compensation for the Chicago Bulls signing Derrek Dickey as a veteran free agent.

• June 7, 1978

  Traded a 1981 1st round draft pick (Albert King was later selected) to the Portland Trail Blazers for a 1978 1st round draft pick (Raymond Townsend was later selected).

• June 9, 1978

  Drafted Purvis Short in the 1st round (5th pick) of the 1978 NBA Draft.

  Drafted Raymond Townsend in the 1st round (22nd pick) of the 1978 NBA Draft.

  Drafted Wayne Cooper in the 2nd round (40th pick) of the 1978 NBA Draft.

  Drafted Steve Neff in the 3rd round (56th pick) of the 1978 NBA Draft.

  Drafted Derrick Jackson in the 4th round (77th pick) of the 1978 NBA Draft.

  Drafted Bubba Wilson in the 5th round (101st pick) of the 1978 NBA Draft.

  Drafted Buzz Harnett in the 6th round (122nd pick) of the 1978 NBA Draft.

  Drafted Rick Bernard in the 7th round (142nd pick) of the 1978 NBA Draft.

  Drafted Tony Searcy in the 8th round (163rd pick) of the 1978 NBA Draft.

  Drafted Bobby Humbles in the 9th round (179th pick) of the 1978 NBA Draft.

  Drafted Mike Muff in the 10th round (193rd pick) of the 1978 NBA Draft.

• June 17, 1978

  Rick Barry signed as a veteran free agent with the Houston Rockets; received John Lucas and cash as compensation.