Transactions listed are from July 1, 1986 to June 30, 1987

• August 8, 1986

  Traded Darwin Cook to the Washington Bullets for cash. Washington also agreed not to select Pearl Washington in the 1986 draft.

• August 14, 1986

  Signed James Bailey as a veteran free agent.

• September 3, 1986

  Signed Tony Brown as a free agent.

• September 11, 1986

  Signed Pace Mannion as a free agent.

• September 22, 1986

  Signed Ben Coleman as a free agent.

• October 2, 1986

  Signed Orlando Woolridge as a veteran free agent and sent a 1988 2nd round draft pick (Shelton Jones was later selected), a 1989 1st round draft pick (Stacey King was later selected) and a 1989 2nd round draft pick (Stanley Brundy was later selected) to the Chicago Bulls as compensation.

• October 30, 1986

  Traded Mike O'Koren to the Washington Bullets for Leon Wood.

• December 9, 1986

  Signed Kevin McKenna as a free agent.

• January 22, 1987

  Signed Chris Engler as a free agent.

• February 17, 1987

  Waived Pace Mannion.

• June 22, 1987

  Drafted Dennis Hopson in the 1st round (3rd pick) of the 1987 NBA Draft.

  Drafted Jamie Waller in the 3rd round (48th pick) of the 1987 NBA Draft.

  Drafted Andrew Moten in the 4th round (72nd pick) of the 1987 NBA Draft.

  Drafted James Blackmon in the 5th round (94th pick) of the 1987 NBA Draft.

  Drafted Perry Bromwell in the 6th round (118th pick) of the 1987 NBA Draft.

  Drafted Frank Booker in the 7th round (140th pick) of the 1987 NBA Draft.