Transactions listed are from July 1, 1974 to June 30, 1975

• September 16, 1974

  Traded Rick Roberson to the New Orleans Jazz for Barry Clemens and a 1976 2nd round draft pick (Major Jones was later selected).

• September 18, 1974

  Traded Mickey Johnson to the Chicago Bulls for a 1975 3rd round draft pick (Gus Gerard was later selected).

• October 7, 1974

  Acquired player rights to Lenny Wilkens from the Cleveland Cavaliers.

• October 23, 1974

  Signed Steve Jones.

• May 29, 1975

  Drafted Lionel Hollins in the 1st round (6th pick) of the 1975 NBA Draft.

  Drafted Bob Gross in the 2nd round (25th pick) of the 1975 NBA Draft.

  Drafted Tom Roy in the 3rd round (42nd pick) of the 1975 NBA Draft.

  Drafted Gus Gerard in the 3rd round (50th pick) of the 1975 NBA Draft.

  Drafted Phil Hicks in the 4th round (61st pick) of the 1975 NBA Draft.

  Drafted Maurice Presley in the 5th round (78th pick) of the 1975 NBA Draft.

  Drafted Gerald Willett in the 6th round (97th pick) of the 1975 NBA Draft.

  Drafted Steve Fields in the 7th round (114th pick) of the 1975 NBA Draft.

  Drafted Charlie Neal in the 8th round (133rd pick) of the 1975 NBA Draft.

  Drafted Quentin Braxton in the 9th round (149th pick) of the 1975 NBA Draft.

  Drafted Tyree Foster in the 10th round (166th pick) of the 1975 NBA Draft.

• June 9, 1975

  Traded Phil Lumpkin to the Phoenix Suns for a 1976 2nd round draft pick (Jacky Dorsey was later selected).