Transactions listed are from July 1, 1976 to June 30, 1977

• August 5, 1976

  Traded Fatty Taylor to the Denver Nuggets for a 1977 2nd round draft pick (Herm Harris was later selected).

• September 17, 1976

  Acquired player rights to Henry Bibby from the New Orleans Jazz.

• October 20, 1976

  Acquired player rights to Julius Erving from the New York Nets.

  Waived Connie Norman.

• November 2, 1976

  Traded Mel Bennett to the Indiana Pacers for a 1980 1st round draft pick (Andrew Toney was later selected).

• December 8, 1976

  Traded Fred Carter to the Milwaukee Bucks for a 1977 2nd round draft pick (Wilson Washington was later selected) and a 1978 2nd round draft pick (Maurice Cheeks was later selected).

• January 14, 1977

  Signed Jim Barnett as a free agent.

• April 4, 1977

  Waived Jim Barnett.

• June 10, 1977

  Drafted Glenn Mosley in the 1st round (20th pick) of the 1977 NBA Draft.

  Drafted Wilson Washington in the 2nd round (25th pick) of the 1977 NBA Draft.

  Drafted Bob Elliott in the 2nd round (42nd pick) of the 1977 NBA Draft.

  Drafted Herm Harris in the 2nd round (43rd pick) of the 1977 NBA Draft.

  Drafted Arnold Dugger in the 3rd round (64th pick) of the 1977 NBA Draft.

  Drafted Jeff Jonas in the 4th round (86th pick) of the 1977 NBA Draft.

  Drafted Teko Wynder in the 5th round (108th pick) of the 1977 NBA Draft.

  Drafted George Gibson in the 6th round (129th pick) of the 1977 NBA Draft.

  Drafted Dennis Forrest in the 7th round (149th pick) of the 1977 NBA Draft.

  Drafted John Olive in the 8th round (168th pick) of the 1977 NBA Draft.