Transactions listed are from July 1, 1996 to June 30, 1997

• July 21, 1996

  Signed Mark Price as a free agent.

  Released Jerome Kersey.

  Released Kevin Willis.

  Released Jon Barry.

  Released Geert Hammink.

  Released Robert Churchwell.

• September 30, 1996

  Signed Lou Roe as a free agent.

  Signed Ray Owes as a free agent.

  Signed Henry James as a free agent.

• October 27, 1996

  Waived Henry James.

• November 2, 1996

  Traded Clifford Rozier, Rony Seikaly and a 1999 2nd round draft pick (Laron Profit was later selected) to the Orlando Magic for Jon Koncak, Donald Royal and Felton Spencer.

• February 20, 1997

  Traded Donald Royal to the Charlotte Hornets for Scott Burrell.

• March 19, 1997

  Signed Melvin Booker to the first of two 10-day contracts.

• April 9, 1997

  Signed Melvin Booker to a contract for the rest of the season.

• April 28, 1997

  Fired Rick Adelman as Head Coach.

• June 5, 1997

  Hired P.J. Carlesimo as Head Coach.

• June 25, 1997

  Drafted Adonal Foyle in the 1st round (8th pick) of the 1997 NBA Draft.

  Drafted Marc Jackson in the 2nd round (37th pick) of the 1997 NBA Draft.