Transactions listed are from July 1, 1987 to June 30, 1988

• October 8, 1987

  Signed Michael Jackson as a free agent.

• October 15, 1987

  Traded a 1988 2nd round draft pick (Fennis Dembo was later selected) to the New York Knicks for Jawann Oldham.

• November 3, 1987

  Waived Johnny Rogers.

• December 14, 1987

  Traded a 1991 2nd round draft pick (Rodney Monroe was later selected) and a 1995 2nd round draft pick (Donnie Boyce was later selected) to the Atlanta Hawks for Mike McGee.

  Waived Joe Arlauckas.

• January 18, 1988

  Waived Franklin Edwards.

• March 7, 1988

  Hired Jerry Reynolds as Head Coach.

  Reassigned Head Coach Bill Russell.

• March 26, 1988

  Signed Conner Henry to the first of two 10-day contracts.

• April 1, 1988

  Signed Martin Nessley to the first of two 10-day contracts.

• April 14, 1988

  Signed Conner Henry to a contract for the rest of the season.

• April 21, 1988

  Signed Martin Nessley as a free agent.

• April 25, 1988

  Waived Martin Nessley.

• June 23, 1988

  Lost Conner Henry to the Miami Heat in the NBA expansion draft.

• June 27, 1988

  Traded Reggie Theus and a 1988 3rd round draft pick (Jorge Gonzalez was later selected) to the Atlanta Hawks for Randy Wittman and a 1988 1st round draft pick (Ricky Berry was later selected).

• June 28, 1988

  Drafted Ricky Berry in the 1st round (18th pick) of the 1988 NBA Draft.

  Drafted Vinny Del Negro in the 2nd round (29th pick) of the 1988 NBA Draft.