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

• September 25, 1980

  As part of a 3-team trade, the New York Knicks traded Joe Meriweather and a 1981 1st round draft pick (Steve Johnson was later selected) to the Kansas City Kings; the Cleveland Cavaliers traded Campy Russell to the New York Knicks; and the Kansas City Kings traded Bill Robinzine to the Cleveland Cavaliers.

• October 9, 1980

  Waived Marc Iavaroni.

• January 30, 1981

  Signed Kurt Rambis to a 10-day contract.

• May 20, 1981

  Traded a 1981 1st round draft pick (Kevin Loder was later selected) to the Cleveland Cavaliers for Randy Smith.

• June 9, 1981

  Drafted Greg Cook in the 2nd round (40th pick) of the 1981 NBA Draft.

  Drafted Frank Brickowski in the 3rd round (57th pick) of the 1981 NBA Draft.

  Drafted Wayne McKoy in the 3rd round (63rd pick) of the 1981 NBA Draft.

  Drafted Alex Bradley in the 4th round (86th pick) of the 1981 NBA Draft.

  Drafted Jim Wright in the 5th round (109th pick) of the 1981 NBA Draft.

  Drafted John Blair in the 6th round (132nd pick) of the 1981 NBA Draft.

  Drafted Terry Cramer in the 7th round (155th pick) of the 1981 NBA Draft.

  Drafted Brian O'Connor in the 8th round (177th pick) of the 1981 NBA Draft.

  Drafted Marty Headd in the 9th round (198th pick) of the 1981 NBA Draft.

  Drafted Kevin Rogers in the 10th round (218th pick) of the 1981 NBA Draft.

• June 10, 1981

  Traded Mike Woodson to the New Jersey Nets for Mike Newlin.