Transactions listed are from July 1, 1988 to June 30, 1989

• July 28, 1988

  Kurt Rambis signed as an unrestricted free agent with the Charlotte Hornets.

• August 10, 1988

  Signed Orlando Woolridge as an unrestricted free agent.

• August 29, 1988

  Signed Kannard Johnson as a free agent.

• August 30, 1988

  Signed Scott Meents as a free agent.

• September 20, 1988

  Released Wes Matthews.

• October 3, 1988

  Signed Mark McNamara as a free agent.

• October 17, 1988

  Waived Scott Meents.

• October 24, 1988

  Waived Milt Wagner.

• November 2, 1988

  Traded Mike Smrek to the San Antonio Spurs for a 1990 2nd round draft pick (Tony Smith was later selected).

• June 15, 1989

  Lost David Rivers to the Minnesota Timberwolves in the NBA expansion draft.

• June 27, 1989

  Drafted Vlade Divac in the 1st round (26th pick) of the 1989 NBA Draft.