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

• July 11, 1977

  Signed Jamaal Wilkes as a veteran free agent and sent cash and a 1978 1st round draft pick (Purvis Short was later selected) to the Golden State Warriors as compensation.

• September 7, 1977

  Traded future considerations to the Buffalo Braves for Ernie DiGregorio.

• September 27, 1977

  C.J. Kupec claimed on waivers by the Houston Rockets.

• September 30, 1977

  Traded Ollie Johnson to the Atlanta Hawks for Lou Hudson.

• October 17, 1977

  Traded Tony Robertson to the Atlanta Hawks for a 1979 4th round draft pick (Ray White was later selected).

  Waived Cazzie Russell.

• December 13, 1977

  Traded James Edwards, Earl Tatum and cash to the Indiana Pacers for Adrian Dantley and Dave Robisch.

• December 27, 1977

  Traded Don Chaney, Kermit Washington and a 1978 1st round draft pick (Freeman Williams was later selected) to the Boston Celtics for Charlie Scott.

• January 30, 1978

  Waived Ernie DiGregorio.

• June 7, 1978

  Traded Tom Abernethy to the Buffalo Braves for a 1978 2nd round draft pick (Lew Massey was later selected).

• June 9, 1978

  Drafted Ron Carter in the 2nd round (26th pick) of the 1978 NBA Draft.

  Drafted Lew Massey in the 2nd round (38th pick) of the 1978 NBA Draft.

  Drafted Michael Cooper in the 3rd round (60th pick) of the 1978 NBA Draft.

  Drafted Harold Robertson in the 4th round (82nd pick) of the 1978 NBA Draft.

  Drafted Carlos Terry in the 5th round (104th pick) of the 1978 NBA Draft.

  Drafted Kim Stewart in the 6th round (126th pick) of the 1978 NBA Draft.

  Drafted Larry Paige in the 7th round (147th pick) of the 1978 NBA Draft.

• June 26, 1978

  Traded Charlie Scott to the Denver Nuggets for Ron Boone, a 1979 2nd round draft pick (Ollie Mack was later selected) and a 1979 2nd round draft pick (Mark Young was later selected).