Transactions listed are from July 1, 1994 to June 30, 1995

• July 1, 1994

  Traded Anthony Miller to the Los Angeles Lakers for a 1995 2nd round draft pick (Dwayne Whitfield was later selected).

• July 18, 1994

  Traded Byron Houston and Šarūnas Marčiulionis to the Seattle SuperSonics for Ricky Pierce, Carlos Rogers, a 1995 2nd round draft pick (Martin Lewis was later selected) and a 1995 2nd round draft pick (Michael McDonald was later selected).

• July 22, 1994

  Avery Johnson signed as an unrestricted free agent with the San Antonio Spurs.

• September 28, 1994

  Signed Bob McCann as a free agent.

• October 6, 1994

  Signed David Wood as a free agent.

  Signed Rod Higgins as a free agent.

• October 18, 1994

  Signed Manute Bol as a free agent.

• October 24, 1994

  Waived Bob McCann.

• November 2, 1994

  Traded Sasha Danilović and Billy Owens to the Miami Heat for Rony Seikaly.

• November 16, 1994

  Waived Rod Higgins.

• November 17, 1994

  Traded Chris Webber to the Washington Bullets for Tom Gugliotta, a 1996 1st round draft pick (Todd Fuller was later selected), a 1998 1st round draft pick (Vince Carter was later selected) and a 2000 1st round draft pick (Chris Mihm was later selected).

• January 12, 1995

  Signed Ryan Lorthridge to a 10-day contract.

• January 22, 1995

  Signed Ryan Lorthridge to a contract for the rest of the season.

• February 13, 1995

  Appointed Bob Lanier as Interim Head Coach.

  Don Nelson resigns as Head Coach.

• February 15, 1995

  Waived Manute Bol.

• February 18, 1995

  Traded Tom Gugliotta to the Minnesota Timberwolves for Donyell Marshall.

• March 7, 1995

  Signed Tim Legler to the first of two 10-day contracts.

• March 27, 1995

  Signed Tim Legler to a contract for the rest of the season.

• May 19, 1995

  Hired Rick Adelman as Head Coach.

• June 24, 1995

  Lost Keith Jennings to the Toronto Raptors in the NBA expansion draft.

• June 28, 1995

  Drafted Joe Smith in the 1st round (1st pick) of the 1995 NBA Draft.

  Drafted Andrew DeClercq in the 2nd round (34th pick) of the 1995 NBA Draft.

  Drafted Dwayne Whitfield in the 2nd round (40th pick) of the 1995 NBA Draft.

  Drafted Martin Lewis in the 2nd round (50th pick) of the 1995 NBA Draft.

  Drafted Michael McDonald in the 2nd round (55th pick) of the 1995 NBA Draft.