Transactions listed are from July 1, 1988 to June 30, 1989

• July 1, 1988

  Released Ed Nealy.

• August 24, 1988

  Traded Pete Myers to the Philadelphia 76ers for Albert King.

• August 29, 1988

  Traded Walter Berry to the New Jersey Nets for Dallas Comegys.

• October 13, 1988

  Waived Barry Sumpter.

• October 21, 1988

  Claimed Keith Smart on waivers from the Golden State Warriors.

• November 2, 1988

  Traded a 1990 2nd round draft pick (Tony Smith was later selected) to the Los Angeles Lakers for Mike Smrek.

• November 3, 1988

  Waived Phil Zevenbergen.

• November 11, 1988

  Signed John Stroeder as a free agent.

  Signed Darwin Cook as a free agent.

  Waived Keith Smart.

• November 14, 1988

  Waived John Stroeder.

• November 22, 1988

  Traded Shelton Jones to the Golden State Warriors for Jerome Whitehead.

• January 4, 1989

  Signed Scott Roth to a 10-day contract.

• January 13, 1989

  Signed Scott Roth as a free agent.

• January 26, 1989

  Signed Michael Anderson to the first of two 10-day contracts.

  Traded Darwin Cook and Dave Greenwood to the Denver Nuggets for Calvin Natt and Jay Vincent.

• February 15, 1989

  Signed Michael Anderson to a contract for the rest of the season.

• February 21, 1989

  Waived Calvin Natt.

• February 28, 1989

  Signed Todd Mitchell to the first of two 10-day contracts.

• March 6, 1989

  Waived Albert King.

• March 7, 1989

  Waived Todd Mitchell.

• March 20, 1989

  Signed Anthony Bowie to the first of two 10-day contracts.

• March 21, 1989

  Waived Pétur Guðmundsson.

• April 4, 1989

  Signed Anthony Bowie to a contract for the rest of the season.

• April 18, 1989

  Waived Michael Anderson.

• May 28, 1989

  Traded Greg Anderson, Alvin Robertson and a 1989 2nd round draft pick (Frank Kornet was later selected) to the Milwaukee Bucks for Terry Cummings and a 1990 2nd round draft pick (Tony Massenburg was later selected).

• June 15, 1989

  Lost Scott Roth to the Minnesota Timberwolves in the NBA expansion draft.

• June 27, 1989

  Drafted Sean Elliott in the 1st round (3rd pick) of the 1989 NBA Draft.