Transactions listed are from July 1, 1997 to June 30, 1998

• July 26, 1997

  Signed Joe Stephens as a free agent.

• October 1, 1997

  Released Sedale Threatt.

• October 28, 1997

  Traded Sam Mack to the Vancouver Grizzlies for a 2000 2nd round draft pick (Jake Voskuhl was later selected).

• October 30, 1997

  Waived Randy Livingston.

• May 3, 1998

  Clyde Drexler retired.

• June 9, 1998

  Traded Kevin Willis to the Toronto Raptors for Roy Rogers, a 1998 1st round draft pick (Bryce Drew was later selected) and a 1998 1st round draft pick (Mirsad Türkcan was later selected).

• June 24, 1998

  Drafted Michael Dickerson in the 1st round (14th pick) of the 1998 NBA Draft.

  Drafted Bryce Drew in the 1st round (16th pick) of the 1998 NBA Draft.

  Drafted Mirsad Türkcan in the 1st round (18th pick) of the 1998 NBA Draft.

  Drafted Cuttino Mobley in the 2nd round (41st pick) of the 1998 NBA Draft.