Transactions listed are from July 1, 1980 to June 30, 1981

• September 11, 1980

  Traded George Johnson and a 1982 2nd round draft pick (Jose Slaughter was later selected) to the Indiana Pacers for Mickey Johnson.

• October 6, 1980

  Waived Lloyd Walton.

• October 7, 1980

  Acquired player rights to Mike Evans from the San Antonio Spurs.

• October 20, 1980

  Waived Scott Lloyd.

• June 9, 1981

  Drafted Alton Lister in the 1st round (21st pick) of the 1981 NBA Draft.

  Drafted Mark Smith in the 3rd round (67th pick) of the 1981 NBA Draft.

  Drafted Kris Anderson in the 4th round (90th pick) of the 1981 NBA Draft.

  Drafted Kelvin Troy in the 5th round (113th pick) of the 1981 NBA Draft.

  Drafted Jo Jo Hunter in the 6th round (136th pick) of the 1981 NBA Draft.

  Drafted Lewis Latimore in the 7th round (159th pick) of the 1981 NBA Draft.

  Drafted Mike Brkovich in the 8th round (181st pick) of the 1981 NBA Draft.

  Drafted Chip Rucker in the 9th round (201st pick) of the 1981 NBA Draft.

  Drafted Artie Green in the 10th round (221st pick) of the 1981 NBA Draft.