Transactions listed are from July 1, 1985 to June 30, 1986

• August 1, 1985

  Traded a 1987 3rd round draft pick (Sean Couch was later selected) to the Indiana Pacers for Granville Waiters.

• October 22, 1985

  Waived Sam Mitchell.

• March 14, 1986

  Waived John Lucas.

• June 17, 1986

  Drafted Buck Johnson in the 1st round (20th pick) of the 1986 NBA Draft.

  Drafted Dave Feitl in the 2nd round (43rd pick) of the 1986 NBA Draft.

  Drafted Anthony Bowie in the 3rd round (66th pick) of the 1986 NBA Draft.

  Drafted Conner Henry in the 4th round (89th pick) of the 1986 NBA Draft.

  Drafted Andre Banks in the 5th round (112th pick) of the 1986 NBA Draft.

  Drafted Robert Worthy in the 6th round (135th pick) of the 1986 NBA Draft.

  Drafted Rick Olson in the 7th round (158th pick) of the 1986 NBA Draft.