Transactions listed are from July 1, 1976 to June 30, 1977

• September 2, 1976

  Sold player rights to Herm Gilliam to the Portland Trail Blazers.

  Traded future considerations to the Portland Trail Blazers for LaRue Martin.

• September 15, 1976

  Signed Mike Green as a free agent.

• November 1, 1976

  Waived Norton Barnhill.

• November 26, 1976

  Zaid Abdul-Aziz signed as a veteran free agent with the Buffalo Braves; received FROM_TRADE as compensation.

• December 13, 1976

  Traded Leonard Gray to the Washington Bullets for Nick Weatherspoon.

• January 27, 1977

  Acquired player rights to James Donaldson from the New York Nets.

• January 28, 1977

  Signed Bob Love as a free agent.

• March 18, 1977

  Traded Bayard Forrest to the Phoenix Suns for a 1979 2nd round draft pick (Paul Mokeski was later selected).

• May 4, 1977

  Bill Russell resigns as Head Coach.

• May 13, 1977

  Hired Bob Hopkins as Head Coach.

• May 24, 1977

  Traded Tom Burleson, Bob Wilkerson and a 1977 2nd round draft pick (Steve Sheppard was later selected) to the Denver Nuggets for Paul Silas, Marvin Webster and Willie Wise.

• June 10, 1977

  Drafted Jack Sikma in the 1st round (8th pick) of the 1977 NBA Draft.

  Drafted Joe Hassett in the 3rd round (52nd pick) of the 1977 NBA Draft.

  Drafted Jim Cooper in the 4th round (74th pick) of the 1977 NBA Draft.

  Drafted Dale Haverman in the 5th round (96th pick) of the 1977 NBA Draft.

  Drafted Bucky O'Brien in the 6th round (118th pick) of the 1977 NBA Draft.

  Drafted Billy Reynolds in the 7th round (138th pick) of the 1977 NBA Draft.

  Drafted Jeff Frey in the 8th round (158th pick) of the 1977 NBA Draft.