Transactions listed are from July 1, 1997 to June 30, 1998

• August 23, 1997

  Signed Brian Grant as a free agent.

  Released Marcus Brown.

  Released Mitchell Butler.

  Waived Rumeal Robinson.

• September 23, 1997

  Signed John Crotty as a free agent.

• September 26, 1997

  Signed Vincent Askew as a free agent.

• October 2, 1997

  Signed Alton Lister as a free agent.

  Signed Sean Higgins as a free agent.

• October 10, 1997

  As part of a 3-team trade, the Portland Trail Blazers traded Chris Dudley to the New York Knicks; the New York Knicks traded a 1998 1st round draft pick (Bryce Drew was later selected) to the Portland Trail Blazers; the New York Knicks traded John Wallace to the Toronto Raptors; the Toronto Raptors traded a 2000 1st round draft pick (Quentin Richardson was later selected) to the New York Knicks; and the Toronto Raptors traded a 2007 2nd round draft pick (Taurean Green was later selected) to the Portland Trail Blazers.

• November 14, 1997

  Waived Sean Higgins.

• December 2, 1997

  Signed Rick Brunson as a free agent.

• February 13, 1998

  Traded Kenny Anderson, Gary Trent, Alvin Williams, a 1998 1st round draft pick (Bryce Drew was later selected), a 1998 1st round draft pick (Mirsad Türkcan was later selected) and a 1998 2nd round draft pick (Tyson Wheeler was later selected) to the Toronto Raptors for Carlos Rogers, Damon Stoudamire and Walt Williams.

• March 5, 1998

  Signed Gary Grant to the first of two 10-day contracts.

  Waived Dontonio Wingfield.

• March 24, 1998

  Waived Vincent Askew.

• March 25, 1998

  Signed Gary Grant to a contract for the rest of the season.