Transactions listed are from July 1, 1974 to June 30, 1975

• July 26, 1974

  Traded Charles Edge and cash to the Indiana Pacers for Mel Daniels and Freddie Lewis.

• August 9, 1974

  Traded cash to the Kentucky Colonels for Collis Jones and Chuck Williams.

• August 14, 1974

  Hired Joe Mullaney as Head Coach.

• August 22, 1974

  Traded Glen Combs and Mike Jackson to the Virginia Squires for Mike Barr and George Carter.

• August 27, 1974

  Traded Randy Denton to the Utah Stars for Julius Keye, Rick Mount and Joe Mullaney.

• September 5, 1974

  Waived Wilbert Robinson.

• September 24, 1974

  Signed Roger Brown.

• October ?, 1974

  Waived Mike Barr.

• October 8, 1974

  Waived Lee Davis.

• October 29, 1974

  Traded Freddie Lewis to the Spirits of St. Louis for Tom Owens.

• October 30, 1974

  Signed Billy Shepherd.

• November 7, 1974

  Signed Jimmy O'Brien.

  Waived Julius Keye.

• November 9, 1974

  Traded a draft choice and cash to the Utah Stars for Stew Johnson.

• November 13, 1974

  Waived Ronnie Robinson.

• June 16, 1975

  Drafted Lonnie Shelton in the ?? round (?? pick) of the 1975 ABA Draft.

• June 19, 1975

  Signed Lonnie Shelton.