Transactions listed are from July 1, 1994 to June 30, 1995

• July 6, 1994

  Waived Rolando Blackman.

• October 6, 1994

  Signed Ron Grandison as a free agent.

• October 13, 1994

  Traded a 1997 2nd round draft pick (Paul Rogers was later selected) and a 1998 2nd round draft pick to the Los Angeles Lakers for Doug Christie. Conditional 1998 2nd-rd pick did not convey

• December 15, 1994

  Waived Ron Grandison.

• January 3, 1995

  Signed Greg Kite as a free agent.

• February 14, 1995

  Waived Greg Kite.

• June 15, 1995

  Pat Riley resigns as Head Coach.

• June 24, 1995

  Lost Greg Anthony to the Vancouver Grizzlies in the NBA expansion draft.