Transactions listed are from July 1, 1965 to June 30, 1966

• October 14, 1965

  Art Heyman claimed on waivers by the San Francisco Warriors.

  Traded Bob Boozer to the Los Angeles Lakers for Dick Barnett.

• November 2, 1965

  Traded Jim Barnes, Johnny Egan, Johnny Green and cash to the Baltimore Bullets for Walt Bellamy.

• November 29, 1965

  Fired Harry Gallatin as Head Coach.

  Hired Dick McGuire as Head Coach.

• May 1, 1966

  Lost Barry Clemens to the Chicago Bulls in the NBA expansion draft.

  Lost Len Chappell to the Chicago Bulls in the NBA expansion draft.

• May 11, 1966

  Drafted Cazzie Russell in the 1st round (1st pick) of the 1966 NBA Draft.

  Drafted Henry Akin in the 2nd round (11th pick) of the 1966 NBA Draft.

  Drafted Stewart Johnson in the 3rd round (21st pick) of the 1966 NBA Draft.

  Drafted Lee DeFore in the 4th round (31st pick) of the 1966 NBA Draft.

  Drafted Ron Jackson in the 5th round (41st pick) of the 1966 NBA Draft.

  Drafted George Fisher in the 6th round (51st pick) of the 1966 NBA Draft.

  Drafted Mike Dabich in the 7th round (60th pick) of the 1966 NBA Draft.

  Drafted Mike Silliman in the 8th round (69th pick) of the 1966 NBA Draft.

  Drafted Bill Turner in the 9th round (78th pick) of the 1966 NBA Draft.

  Drafted Rich Moore in the 10th round (85th pick) of the 1966 NBA Draft.

  Drafted Rich Dyer in the 11th round (92nd pick) of the 1966 NBA Draft.

  Drafted Dave Deutsch in the 12th round (98th pick) of the 1966 NBA Draft.

  Drafted Bob Bennett in the 13th round (101st pick) of the 1966 NBA Draft.