Transactions listed are from July 1, 1990 to June 30, 1991

• August 16, 1990

  Signed Dan Godfread as a free agent.

• August 20, 1990

  Leon Wood signed as an unrestricted free agent with the Minnesota Timberwolves.

• August 23, 1990

  Signed Doug Lee as a free agent.

• October 1, 1990

  Signed Kurk Lee as a free agent.

  Signed Dan O'Sullivan as a free agent.

• October 29, 1990

  Waived Dan O'Sullivan.

  Waived Dan Godfread.

  Waived Doug Lee.

• October 30, 1990

  Waived Pete Myers.

  Waived Anthony Mason.

• January 16, 1991

  Traded Lester Conner to the Milwaukee Bucks for Greg Anderson.

• January 23, 1991

  As part of a 3-team trade, the New Jersey Nets traded Greg Anderson and a 1992 1st round draft pick (Bryant Stith was later selected) to the Denver Nuggets; the Denver Nuggets traded Terry Mills to the New Jersey Nets; the Denver Nuggets traded Walter Davis and a 1992 2nd round draft pick (Reggie Smith was later selected) to the Portland Trail Blazers; and the Portland Trail Blazers traded Dražen Petrović and a 1993 2nd round draft pick (Kevin Thompson was later selected) to the New Jersey Nets.

• June 26, 1991

  Drafted Kenny Anderson in the 1st round (2nd pick) of the 1991 NBA Draft.

  Drafted Von McDade in the 2nd round (53rd pick) of the 1991 NBA Draft.