Transactions listed are from July 1, 1971 to June 30, 1972

• November 25, 1971

  Traded Bob Rule to the Philadelphia 76ers for a 1972 2nd round draft pick (Joby Wright was later selected) and a future 2nd round draft pick.

• February 17, 1972

  Signed Jim McDaniels.

• April 2, 1972

  Lenny Wilkens resigns as Head Coach.

• April 10, 1972

  Drafted Bud Stallworth in the 1st round (7th pick) of the 1972 NBA Draft.

  Drafted Joby Wright in the 2nd round (18th pick) of the 1972 NBA Draft.

  Drafted Brian Taylor in the 2nd round (23rd pick) of the 1972 NBA Draft.

  Drafted Jim Creighton in the 3rd round (40th pick) of the 1972 NBA Draft.

  Drafted Joe Mackey in the 4th round (57th pick) of the 1972 NBA Draft.

  Drafted Gary Ladd in the 5th round (73rd pick) of the 1972 NBA Draft.

  Drafted Ron Thomas in the 6th round (90th pick) of the 1972 NBA Draft.

  Drafted Jerry Dunn in the 7th round (107th pick) of the 1972 NBA Draft.

  Drafted Willie Stoudamire in the 8th round (123rd pick) of the 1972 NBA Draft.

  Drafted Dwight Holiday in the 9th round (138th pick) of the 1972 NBA Draft.

  Drafted Dan Steward in the 10th round (151st pick) of the 1972 NBA Draft.

  Drafted Steve Turner in the 11th round (162nd pick) of the 1972 NBA Draft.

  Drafted Greg Daust in the 12th round (171st pick) of the 1972 NBA Draft.

  Drafted Cleveland Hill in the 14th round (185th pick) of the 1972 NBA Draft.

• April 20, 1972

  Hired Tom Nissalke as Head Coach.