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

• July 17, 1980

  Signed Darwin Cook as a free agent.

• August 15, 1980

  George Johnson signed as a veteran free agent with the San Antonio Spurs; received a 1981 1st round draft pick (Ray Tolbert was later selected) as compensation.

• September 24, 1980

  Traded Roger Phegley to the Cleveland Cavaliers for Foots Walker.

• September 25, 1980

  Waived Robert Smith.

• November 20, 1980

  Traded Eddie Jordan to the Los Angeles Lakers for a 1982 1st round draft pick (Eddie Phillips was later selected).

• December 22, 1980

  Appointed Bob MacKinnon as Interim Head Coach.

  Kevin Loughery resigns as Head Coach.

• March 13, 1981

  Signed Bob McAdoo as a free agent.

• March 18, 1981

  Hired Larry Brown as Head Coach.

• June 8, 1981

  Traded Cliff Robinson to the Kansas City Kings for Otis Birdsong and a 1981 2nd round draft pick (Steve Lingenfelter was later selected).

• June 9, 1981

  Drafted Buck Williams in the 1st round (3rd pick) of the 1981 NBA Draft.

  Drafted Albert King in the 1st round (10th pick) of the 1981 NBA Draft.

  Drafted Ray Tolbert in the 1st round (18th pick) of the 1981 NBA Draft.

  Drafted David Burns in the 3rd round (49th pick) of the 1981 NBA Draft.

  Drafted Ed Sherod in the 4th round (72nd pick) of the 1981 NBA Draft.

  Drafted Joe Cooper in the 5th round (95th pick) of the 1981 NBA Draft.

  Drafted Kevin Lynam in the 6th round (118th pick) of the 1981 NBA Draft.

  Drafted Rod Roberson in the 7th round (141st pick) of the 1981 NBA Draft.

  Drafted Ken Webb in the 8th round (164th pick) of the 1981 NBA Draft.

  Drafted Rudy Williams in the 9th round (186th pick) of the 1981 NBA Draft.

  Drafted Vic Sison in the 10th round (206th pick) of the 1981 NBA Draft.

• June 10, 1981

  Traded Mike Newlin to the New York Knicks for Mike Woodson.

• June 11, 1981

  Sold player rights to Edgar Jones to the Detroit Pistons.