Transactions listed are from July 1, 1975 to June 30, 1976

• July 16, 1975

  Waived Jim Owens.

• September 17, 1975

  Traded Greg Jackson to the Washington Bullets for a future draft pick.

• September 30, 1975

  Traded Earl Williams to the Detroit Pistons for a 1976 2nd round draft pick (Earl Tatum was later selected). Williams was originally traded for Willie Norwood on May 28, 1975 but the trade was cancelled.

• October 24, 1975

  Claimed John Wetzel on waivers from the Atlanta Hawks.

  Waived Gary Melchionni.

• November 3, 1975

  Traded John Roche and a 1976 2nd round draft pick (Earl Tatum was later selected) to the Los Angeles Lakers for Pat Riley.

• November 22, 1975

  Sold player rights to Mike Bantom to the Seattle SuperSonics.

• January 20, 1976

  Traded John Roche to the Los Angeles Lakers for future considerations.

• February 1, 1976

  Traded John Shumate to the Buffalo Braves for Gar Heard and a 1976 2nd round draft pick (Al Fleming was later selected).

• February 11, 1976

  Waived Fred Saunders.

• June 8, 1976

  Drafted Ron Lee in the 1st round (10th pick) of the 1976 NBA Draft.

  Drafted Al Fleming in the 2nd round (30th pick) of the 1976 NBA Draft.

  Drafted Butch Feher in the 2nd round (33rd pick) of the 1976 NBA Draft.

  Drafted Ira Terrell in the 3rd round (45th pick) of the 1976 NBA Draft.

  Drafted Paul Miller in the 4th round (62nd pick) of the 1976 NBA Draft.

  Drafted Ralph Walker in the 5th round (79th pick) of the 1976 NBA Draft.

  Drafted Carl Brown in the 6th round (97th pick) of the 1976 NBA Draft.

  Drafted Brad Warble in the 7th round (115th pick) of the 1976 NBA Draft.

  Drafted Tom DeBerry in the 8th round (133rd pick) of the 1976 NBA Draft.

  Drafted John Irving in the 9th round (150th pick) of the 1976 NBA Draft.

  Drafted Gary Jackson in the 10th round (166th pick) of the 1976 NBA Draft.