Transactions listed are from July 1, 1973 to June 30, 1974

• September 27, 1973

  Waived Bob Davis.

• October 1, 1973

  Signed Mo Layton as a free agent.

• October 14, 1973

  Traded Rick Adelman to the Chicago Bulls for a 1974 2nd round draft pick (Phil Lumpkin was later selected).

• October 31, 1973

  Signed Mark Sibley as a free agent.

  Waived Charlie Davis.

• December 1, 1973

  Waived Mo Layton.

• December 26, 1973

  Signed Bob Verga as a free agent.

• January 8, 1974

  Waived Bernie Fryer.

• May 15, 1974

  Fired Jack McCloskey as Head Coach.

• May 20, 1974

  Lost Ollie Johnson to the New Orleans Jazz in the NBA expansion draft.

• May 24, 1974

  Hired Lenny Wilkens as Head Coach.

• May 28, 1974

  Drafted Bill Walton in the 1st round (1st pick) of the 1974 NBA Draft.

  Drafted Jan van Breda Kolff in the 2nd round (20th pick) of the 1974 NBA Draft.

  Drafted Phil Lumpkin in the 2nd round (34th pick) of the 1974 NBA Draft.

  Drafted Rubin Collins in the 2nd round (36th pick) of the 1974 NBA Draft.

  Drafted Mickey Johnson in the 4th round (56th pick) of the 1974 NBA Draft.

  Drafted Bernard Hardin in the 5th round (74th pick) of the 1974 NBA Draft.

  Drafted Dan Anderson in the 6th round (92nd pick) of the 1974 NBA Draft.

  Drafted Doug Richards in the 7th round (110th pick) of the 1974 NBA Draft.

  Drafted Eldridge Broussard in the 8th round (128th pick) of the 1974 NBA Draft.

  Drafted Lee Haven in the 9th round (146th pick) of the 1974 NBA Draft.

  Drafted Ron Jones in the 10th round (163rd pick) of the 1974 NBA Draft.

• June 12, 1974

  Waived Mark Sibley.

  Waived Bob Verga.