Transactions listed are from July 1, 1986 to June 30, 1987

• July 29, 1986

  George Irvine resigns as Head Coach.

• August 8, 1986

  Hired Jack Ramsay as Head Coach.

• September 15, 1986

  Signed Chuck Person to a multi-year contract.

• September 18, 1986

  Traded a 1988 2nd round draft pick (Greg Butler was later selected) and a 1992 2nd round draft pick (Litterial Green was later selected) to the Chicago Bulls for Kyle Macy.

• September 30, 1986

  Waived Dwayne McClain.

• October 2, 1986

  Signed Walker Russell as a free agent.

  Traded Russ Schoene and Terence Stansbury to the Seattle SuperSonics for John Long and a 1993 2nd round draft pick (Spencer Dunkley was later selected).

• October 28, 1986

  Waived Bill Martin.

• December 29, 1986

  Signed Pete Verhoeven to the first of two 10-day contracts.

• January 1, 1987

  Signed Michael Brooks as a free agent.

• January 10, 1987

  Released Pete Verhoeven.

• June 21, 1987

  Traded a 1989 2nd round draft pick (Gary Leonard was later selected) to the Milwaukee Bucks for Scott Skiles.

• June 22, 1987

  Drafted Reggie Miller in the 1st round (11th pick) of the 1987 NBA Draft.

  Drafted Brian Rowsom in the 2nd round (34th pick) of the 1987 NBA Draft.

  Drafted Sean Couch in the 3rd round (60th pick) of the 1987 NBA Draft.

  Drafted Mike Milling in the 5th round (103rd pick) of the 1987 NBA Draft.

  Drafted Gary Graham in the 6th round (126th pick) of the 1987 NBA Draft.

  Drafted Montel Hatcher in the 7th round (149th pick) of the 1987 NBA Draft.