Transactions listed are from July 1, 1976 to June 30, 1977

• July 29, 1976

  Waived Lee Winfield.

  Waived Matt Guokas.

• July 30, 1976

  Waived Len Kosmalski.

• August 5, 1976

  Drafted Ron Boone from the Spirits of St. Louis in the dispersal draft.

  Drafted Mike Barr from the Spirits of St. Louis in the dispersal draft.

  Drafted Ron Boone from the Spirits of St. Louis in the dispersal draft.

• September 9, 1976

  Traded Larry McNeill to the New York Nets for a 1977 3rd round draft pick (Bill Paterno was later selected).

• September 10, 1976

  Traded Tiny Archibald to the New York Nets for Jim Eakins, Brian Taylor, a 1977 1st round draft pick (Otis Birdsong was later selected) and a 1978 1st round draft pick (Phil Ford was later selected).

• May 25, 1977

  Traded Brian Taylor and a 1977 1st round draft pick (Tom LaGarde was later selected) to the Denver Nuggets for Tom Burleson and a 1977 2nd round draft pick (Steve Sheppard was later selected).

• June 1, 1977

  Traded Ollie Johnson, a 1978 1st round draft pick (Purvis Short was later selected) and a 1978 2nd round draft pick (Ron Carter was later selected) to the Los Angeles Lakers for Lucius Allen.

• June 10, 1977

  Drafted Otis Birdsong in the 1st round (2nd pick) of the 1977 NBA Draft.

  Drafted Eddie Owens in the 2nd round (31st pick) of the 1977 NBA Draft.

  Drafted Bill Paterno in the 3rd round (45th pick) of the 1977 NBA Draft.

  Drafted John Kuester in the 3rd round (53rd pick) of the 1977 NBA Draft.

  Drafted Larry Williams in the 4th round (75th pick) of the 1977 NBA Draft.

  Drafted Bob Chapman in the 5th round (97th pick) of the 1977 NBA Draft.

  Drafted Bob Cooper in the 6th round (119th pick) of the 1977 NBA Draft.

  Drafted Caitlyn Jenner in the 7th round (139th pick) of the 1977 NBA Draft.