Transactions listed are from July 1, 1985 to June 30, 1986

• August 13, 1985

  Hired Dave Wohl as Head Coach.

• August 21, 1985

  Traded a 1986 3rd round draft pick (Wendell Alexis was later selected) to the Golden State Warriors for Mickey Johnson.

• September 17, 1985

  Signed Bobby Cattage as a free agent.

• October 16, 1985

  Waived George Johnson.

• October 18, 1985

  George Johnson claimed on waivers by the Seattle SuperSonics.

• October 22, 1985

  Waived Ron Brewer.

• November 8, 1985

  Waived Yvon Joseph.

• February 21, 1986

  Signed Rod Higgins to a 10-day contract.

• February 25, 1986

  Micheal Ray Richardson was suspended.

• March 30, 1986

  Claimed Ray Williams on waivers from the San Antonio Spurs.

• April 15, 1986

  Waived Kevin McKenna.

• June 17, 1986

  Drafted Pearl Washington in the 1st round (13th pick) of the 1986 NBA Draft.

  Drafted Steve Hale in the 4th round (81st pick) of the 1986 NBA Draft.

  Drafted Archie Johnson in the 5th round (105th pick) of the 1986 NBA Draft.

  Drafted Troy Webster in the 6th round (127th pick) of the 1986 NBA Draft.

  Drafted Jim Dolan in the 7th round (151st pick) of the 1986 NBA Draft.