Transactions listed are from July 1, 2005 to June 30, 2006

• August 2, 2005

  Signed Kasib Powell as a free agent.

  As part of a 5-team trade, the Miami Heat traded Rasual Butler to the New Orleans/Oklahoma City Hornets; the Miami Heat traded Eddie Jones to the Memphis Grizzlies; the Miami Heat traded Albert Miralles, Qyntel Woods, a 2006 2nd round draft pick (Edin Bavčić was later selected) and a 2008 2nd round draft pick (Nikola Peković was later selected) to the Boston Celtics; the Boston Celtics traded Antoine Walker to the Miami Heat; the Memphis Grizzlies traded Andre Emmett, James Posey and Jason Williams to the Miami Heat; the Memphis Grizzlies traded Greg Ostertag to the Utah Jazz; the New Orleans/Oklahoma City Hornets traded Roberto Duenas to the Miami Heat; the Utah Jazz traded Curtis Borchardt to the Boston Celtics; the Utah Jazz traded Raül López to the Memphis Grizzlies; and the Utah Jazz traded Kirk Snyder to the New Orleans/Oklahoma City Hornets.

• August 12, 2005

  Signed Gerald Fitch as a free agent.

• August 15, 2005

  Signed Matt Walsh as a free agent.

• September 22, 2005

  Signed Gary Payton as a free agent.

• October 3, 2005

  Signed Jason Kapono as a free agent.

• October 8, 2005

  Signed Earl Barron as a free agent.

• October 31, 2005

  Waived Andre Emmett.

• November 18, 2005

  Waived Matt Walsh.

• January 3, 2006

  Assigned Earl Barron to the Florida Flame of the G-League.

  Assigned Dorell Wright to the Florida Flame of the G-League.

• January 18, 2006

  Recalled Earl Barron from the Florida Flame of the G-League.

  Recalled Dorell Wright from the Florida Flame of the G-League.

• February 23, 2006

  Traded Gerald Fitch to the Houston Rockets for Derek Anderson. Houston also received a trade exception from Miami.