Transactions listed are from July 1, 1980 to June 30, 1981

• October 7, 1980

  Traded Paul Mokeski to the Detroit Pistons for a 1982 2nd round draft pick (Richard Anderson was later selected).

• November 27, 1980

  Signed Bill Willoughby as a veteran free agent and sent a 1981 3rd round draft pick (Russell Bowers was later selected) to the Cleveland Cavaliers as compensation.

• December 1, 1980

  Waived Lee Johnson.

• June 8, 1981

  Traded a 1981 2nd round draft pick (Charles Davis was later selected) and a 1983 2nd round draft pick (Sidney Lowe was later selected) to the Washington Bullets for Elvin Hayes.

• June 9, 1981

  Drafted Ed Turner in the 2nd round (45th pick) of the 1981 NBA Draft.

  Drafted Larry Spriggs in the 4th round (81st pick) of the 1981 NBA Draft.

  Drafted Hasan Houston in the 5th round (105th pick) of the 1981 NBA Draft.

  Drafted Fred Cowan in the 6th round (127th pick) of the 1981 NBA Draft.

  Drafted Joe Faine in the 7th round (151st pick) of the 1981 NBA Draft.

  Drafted Stanley Brewer in the 8th round (172nd pick) of the 1981 NBA Draft.