Transactions listed are from July 1, 2001 to June 30, 2002

• August 2, 2001

  Traded Hakeem Olajuwon to the Toronto Raptors for a 2002 1st round draft pick (Boštjan Nachbar was later selected) and a 2002 2nd round draft pick (Tito Maddox was later selected).

• August 10, 2001

  As part of a 3-team trade, the Houston Rockets traded Shandon Anderson to the New York Knicks; the Dallas Mavericks traded Kyle Hill to the Houston Rockets; the Dallas Mavericks traded Howard Eisley to the New York Knicks; the New York Knicks traded Muggsy Bogues to the Dallas Mavericks; and the New York Knicks traded Glen Rice to the Houston Rockets. Dallas also received a trade exception from Houston.

• September 10, 2001

  Signed Óscar Torres as a free agent.

• September 26, 2001

  Signed Tierre Brown as a free agent.

• October 1, 2001

  Signed Damon Jones as a free agent.

• October 22, 2001

  Traded a 2002 2nd round draft pick (Dan Gadzuric was later selected) to the Milwaukee Bucks for Kevin Willis.

• October 25, 2001

  Waived Damon Jones.

• June 26, 2002

  Drafted Yao Ming in the 1st round (1st pick) of the 2002 NBA Draft.

  Drafted Boštjan Nachbar in the 1st round (15th pick) of the 2002 NBA Draft.

  Drafted Tito Maddox in the 2nd round (38th pick) of the 2002 NBA Draft.