Transactions listed are from July 1, 1981 to June 30, 1982

• July 2, 1981

  Waived Mike Niles.

• September 30, 1981

  Traded Johnny High to the Chicago Bulls for a 1983 3rd round draft pick (Winfred King was later selected).

• October 19, 1981

  Waived John McCullough.

• October 26, 1981

  Signed John McCullough as a free agent.

• December 18, 1981

  Waived John McCullough.

• June 21, 1982

  Traded Rich Kelley to the Denver Nuggets for a 1982 1st round draft pick (David Thirdkill was later selected).

• June 29, 1982

  Drafted David Thirdkill in the 1st round (15th pick) of the 1982 NBA Draft.

  Drafted Kevin Magee in the 2nd round (39th pick) of the 1982 NBA Draft.

  Drafted Charles Pittman in the 3rd round (61st pick) of the 1982 NBA Draft.

  Drafted Rory White in the 4th round (86th pick) of the 1982 NBA Draft.

  Drafted Marvin McCrary in the 5th round (108th pick) of the 1982 NBA Draft.

  Drafted Jake Bethany in the 6th round (130th pick) of the 1982 NBA Draft.

  Drafted Phil Ward in the 7th round (155th pick) of the 1982 NBA Draft.

  Drafted Rick Elrod in the 8th round (177th pick) of the 1982 NBA Draft.

  Drafted Ken Lyles in the 9th round (199th pick) of the 1982 NBA Draft.

  Drafted Dale Wilkinson in the 10th round (221st pick) of the 1982 NBA Draft.