Transactions listed are from July 1, 1981 to June 30, 1982

• September 24, 1981

  Traded a 1982 3rd round draft pick (Phillip Lockett was later selected) to the Portland Trail Blazers for Geoff Crompton.

• November 2, 1981

  Sold player rights to Len Elmore to the New Jersey Nets.

  Signed Bob Dandridge as a veteran free agent and sent a 1982 5th round draft pick (Jerry Davis was later selected) to the Washington Bullets as compensation.

• November 16, 1981

  Signed Scott May as a free agent.

• November 20, 1981

  Signed Kevin Stacom as a free agent.

• November 25, 1981

  Waived Bob Dandridge.

• February 11, 1982

  Waived Mike Evans.

• March 17, 1982

  Signed Robert Smith to the first of two 10-day contracts.

• April 7, 1982

  Signed Robert Smith to a contract for the rest of the season.

• April 15, 1982

  Signed Brad Holland as a free agent.

• June 28, 1982

  Traded Pat Cummings to the Dallas Mavericks for a 1982 2nd round draft pick (Fred Roberts was later selected).

• June 29, 1982

  Drafted Paul Pressey in the 1st round (20th pick) of the 1982 NBA Draft.

  Drafted Fred Roberts in the 2nd round (27th pick) of the 1982 NBA Draft.

  Drafted Jerry Beck in the 4th round (89th pick) of the 1982 NBA Draft.

  Drafted Tony Carr in the 6th round (135th pick) of the 1982 NBA Draft.

  Drafted Bobby Austin in the 7th round (158th pick) of the 1982 NBA Draft.

  Drafted Bryan Leonard in the 8th round (181st pick) of the 1982 NBA Draft.

  Drafted Robert Tate in the 9th round (202nd pick) of the 1982 NBA Draft.

  Drafted Bob Coenen in the 10th round (223rd pick) of the 1982 NBA Draft.