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

• September 22, 1965

  Traded Red Kerr to the Baltimore Bullets for Wali Jones.

• October 24, 1965

  Signed Gerry Ward as a free agent.

• October 27, 1965

  Sold player rights to Ben Warley to the Baltimore Bullets.

• December 2, 1965

  Claimed Art Heyman on waivers from the Cincinnati Royals.

• May 1, 1966

  Lost Al Bianchi to the Chicago Bulls in the NBA expansion draft.

  Lost Gerry Ward to the Chicago Bulls in the NBA expansion draft.

• May 2, 1966

  Fired Dolph Schayes as Head Coach.

  Hired Alex Hannum as Head Coach.

• May 11, 1966

  Drafted Matt Guokas in the 1st round (9th pick) of the 1966 NBA Draft.

  Drafted Bill Melchionni in the 2nd round (19th pick) of the 1966 NBA Draft.

  Drafted Donnie Freeman in the 3rd round (29th pick) of the 1966 NBA Draft.

  Drafted Ken Wilburn in the 4th round (39th pick) of the 1966 NBA Draft.

  Drafted Tom Duff in the 5th round (49th pick) of the 1966 NBA Draft.

  Drafted Red Robbins in the 6th round (59th pick) of the 1966 NBA Draft.

  Drafted Pat Caldwell in the 9th round (83rd pick) of the 1966 NBA Draft.

  Drafted Bob Bedell in the 10th round (90th pick) of the 1966 NBA Draft.