Transactions listed are from July 1, 1988 to June 30, 1989

• August 24, 1988

  Traded Albert King to the San Antonio Spurs for Pete Myers.

• September 23, 1988

  Signed Scott Brooks as a free agent.

• October 4, 1988

  Traded Everette Stephens to the Indiana Pacers for Ron Anderson.

• October 5, 1988

  Released Mark McNamara.

• December 15, 1988

  Waived Pete Myers.

• January 5, 1989

  Signed Shelton Jones to the first of two 10-day contracts.

• January 25, 1989

  Signed Shelton Jones as a free agent.

• February 13, 1989

  Signed Derek Smith as a free agent.

• April 20, 1989

  Signed Jim Rowinski as a free agent.

• June 15, 1989

  Lost Shelton Jones to the Minnesota Timberwolves in the NBA expansion draft.

• June 27, 1989

  Drafted Kenny Payne in the 1st round (19th pick) of the 1989 NBA Draft.

  Drafted Reggie Cross in the 2nd round (44th pick) of the 1989 NBA Draft.

  Drafted Toney Mack in the 2nd round (54th pick) of the 1989 NBA Draft.