Transactions listed are from July 1, 1974 to June 30, 1975

• August 16, 1974

  Signed Jim Ard as a free agent.

• August 29, 1974

  Acquired player rights to John Tschogl from the Atlanta Hawks.

• September 5, 1974

  Signed Walt Wesley as a free agent.

• September 18, 1974

  Released Jim Ard.

• October 3, 1974

  Waived Don May.

• October 30, 1974

  Waived Perry Warbington.

• November 8, 1974

  Traded Tom Van Arsdale to the Atlanta Hawks for Clyde Lee and a 1975 3rd round draft pick (Jim Baker was later selected).

• November 18, 1974

  Waived Walt Wesley.

• February 1, 1975

  Traded future considerations to the Kansas City-Omaha Kings for Ken Durrett.

• February 25, 1975

  Signed Caldwell Jones as a free agent. (Jones was playing in the ABA at the time and was signed for future services.)

• May 28, 1975

  Signed Jerry Baskerville as a free agent.

• May 29, 1975

  Drafted Darryl Dawkins in the 1st round (5th pick) of the 1975 NBA Draft.

  Drafted World B. Free in the 2nd round (23rd pick) of the 1975 NBA Draft.

  Drafted Jim Baker in the 3rd round (39th pick) of the 1975 NBA Draft.

  Drafted Charles Cleveland in the 3rd round (41st pick) of the 1975 NBA Draft.

  Drafted Louis Dunbar in the 4th round (59th pick) of the 1975 NBA Draft.

  Drafted Ken Tyler in the 5th round (77th pick) of the 1975 NBA Draft.

  Drafted Ken Alston in the 6th round (95th pick) of the 1975 NBA Draft.

  Drafted Mike Flynn in the 7th round (113th pick) of the 1975 NBA Draft.

  Drafted Freeman Blade in the 8th round (131st pick) of the 1975 NBA Draft.

  Drafted Larry Haralson in the 9th round (148th pick) of the 1975 NBA Draft.

  Drafted Ric Reed in the 10th round (164th pick) of the 1975 NBA Draft.