Transactions listed are from July 1, 1977 to June 30, 1978

• August 10, 1977

  Signed Bobby Wilson as a free agent.

• September 1, 1977

  Traded Billy Knight to the Buffalo Braves for Mike Bantom and Adrian Dantley.

• September 6, 1977

  Traded Don Buse to the Phoenix Suns for Ricky Sobers.

• October 3, 1977

  Received a 1980 2nd round draft pick (Kenny Natt was later selected) as compensation for the Buffalo Braves signing Wil Jones as a veteran free agent.

• October 14, 1977

  Signed Willie Smith as a free agent.

• October 18, 1977

  Traded a 1978 3rd round draft pick (Mike Santos was later selected) to the Buffalo Braves for Johnny Neumann.

• October 20, 1977

  Waived Willie Smith.

• December 8, 1977

  Waived Bobby Wilson.

• December 13, 1977

  Traded Adrian Dantley and Dave Robisch to the Los Angeles Lakers for James Edwards, Earl Tatum and cash.

• December 22, 1977

  Traded Alonzo Bradley to the Houston Rockets for Ron Behagen.

  Waived Johnny Neumann.

• January 27, 1978

  Traded John Williamson to the New Jersey Nets for Bob Carrington, a 1980 2nd round draft pick (Louis Orr was later selected) and a 1981 2nd round draft pick (Brian Jackson was later selected).

• June 8, 1978

  Traded a 1978 1st round draft pick (Mychal Thompson was later selected) to the Portland Trail Blazers for Johnny Davis and a 1978 1st round draft pick (Rick Robey was later selected).

  Signed Alex English as a veteran free agent and sent a 1979 1st round draft pick (Calvin Natt was later selected) to the Milwaukee Bucks as compensation.

• June 9, 1978

  Drafted Rick Robey in the 1st round (3rd pick) of the 1978 NBA Draft.

  Drafted Wayne Radford in the 2nd round (27th pick) of the 1978 NBA Draft.

  Drafted Rickey Lee in the 4th round (71st pick) of the 1978 NBA Draft.

  Drafted James Sparrow in the 5th round (92nd pick) of the 1978 NBA Draft.

  Drafted Sherman Dillard in the 6th round (115th pick) of the 1978 NBA Draft.

  Drafted Ollie Matson Jr. in the 7th round (135th pick) of the 1978 NBA Draft.

  Received a 1979 1st round draft pick (Dudley Bradley was later selected) as compensation for the Atlanta Hawks signing Dan Roundfield as a veteran free agent.

• June 30, 1978

  Traded a 1980 2nd round draft pick (David Lawrence was later selected) to the Portland Trail Blazers for Corky Calhoun.