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

• October 7, 1975

  Traded a future draft pick to the Atlanta Hawks for Greg Lee.

• October 23, 1975

  Traded a 1976 6th round draft pick (Dwayne Barnett was later selected) to the Golden State Warriors for Steve Jones.

• November 7, 1975

  Waived Greg Smith.

• November 11, 1975

  Waived Greg Lee.

• November 13, 1975

  Traded John Johnson to the Houston Rockets for Steve Hawes.

• June 1, 1976

  Fired Lenny Wilkens as Head Coach.

  Hired Jack Ramsay as Head Coach.

• June 2, 1976

  Signed Dave Twardzik as a free agent.

• June 3, 1976

  Traded a 1976 2nd round draft pick (Jacky Dorsey was later selected) to the New Orleans Jazz for a 1977 2nd round draft pick (Kim Anderson was later selected).

• June 8, 1976

  Drafted Wally Walker in the 1st round (5th pick) of the 1976 NBA Draft.

  Drafted Major Jones in the 2nd round (20th pick) of the 1976 NBA Draft.

  Drafted Johnny Davis in the 2nd round (22nd pick) of the 1976 NBA Draft.

  Drafted Jeff Tyson in the 3rd round (39th pick) of the 1976 NBA Draft.

  Drafted David Everett in the 4th round (56th pick) of the 1976 NBA Draft.

  Drafted Gary Redding in the 5th round (73rd pick) of the 1976 NBA Draft.

  Drafted Al DeWitt in the 7th round (109th pick) of the 1976 NBA Draft.

  Drafted Brant Gibler in the 8th round (127th pick) of the 1976 NBA Draft.

  Drafted Rob Torresdal in the 9th round (145th pick) of the 1976 NBA Draft.

  Drafted Marcos Leite in the 10th round (162nd pick) of the 1976 NBA Draft.