Transactions listed are from July 1, 2004 to June 30, 2005
- August 5, 2004
August 27, 2004
Signed Jamison Brewer as a free agent.
October 4, 2004
Signed Andre Barrett as a free agent.
October 25, 2004
Waived Andre Barrett.
November 9, 2004
Waived Shandon Anderson.
February 24, 2005
Traded Jamison Brewer and Nazr Mohammed to the San Antonio Spurs for Malik Rose, a 2005 1st round draft pick (David Lee was later selected) and a 2006 1st round draft pick (Mardy Collins was later selected).
February 26, 2005
Waived Jamison Brewer.
February 27, 2005
Signed Jackie Butler as a free agent.
February 28, 2005
Signed Jermaine Jackson to a 10-day contract.
May 15, 2005
Waived Jerome Williams.
June 28, 2005
Drafted Channing Frye in the 1st round (8th pick) of the 2005 NBA Draft.
Drafted David Lee in the 1st round (30th pick) of the 2005 NBA Draft.
Drafted Dijon Thompson in the 2nd round (54th pick) of the 2005 NBA Draft.