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

• July 15, 1977

  Glenn Hansen signed as a veteran free agent with the New Orleans Jazz; received a 1978 3rd round draft pick (Mike Russell was later selected) as compensation.

• September 19, 1977

  Signed Bob Nash as a free agent.

• October 10, 1977

  Waived Jim Eakins.

  Waived Eddie Owens.

• October 20, 1977

  Signed Louie Nelson as a free agent.

  Waived Andre McCarter.

• November 14, 1977

  Waived Bob Bigelow.

• November 16, 1977

  Claimed Kevin Restani on waivers from the Milwaukee Bucks.

• November 17, 1977

  Waived Louie Nelson.

• January 8, 1978

  Fired Phil Johnson as Head Coach.

• January 13, 1978

  Signed Glenn Hansen as a free agent.

• January 23, 1978

  Waived Glenn Hansen.

• May 10, 1978

  Hired Cotton Fitzsimmons as Head Coach.

• June 8, 1978

  Appointed Larry Staverman as Interim Head Coach.

• June 9, 1978

  Drafted Phil Ford in the 1st round (2nd pick) of the 1978 NBA Draft.

  Drafted Jeff Cook in the 3rd round (49th pick) of the 1978 NBA Draft.

  Drafted Mike Russell in the 3rd round (52nd pick) of the 1978 NBA Draft.

  Drafted Geoff Crompton in the 4th round (70th pick) of the 1978 NBA Draft.

  Drafted Derrick Clairborne in the 5th round (93rd pick) of the 1978 NBA Draft.

  Drafted Jim Krivacs in the 6th round (114th pick) of the 1978 NBA Draft.

  Drafted Charles McMillian in the 7th round (136th pick) of the 1978 NBA Draft.

  Drafted Ron Hammye in the 8th round (155th pick) of the 1978 NBA Draft.

• June 26, 1978

  Traded Ron Boone and a 1979 2nd round draft pick (Mark Young was later selected) to the Denver Nuggets for Mike Evans and Darnell Hillman.