Transactions listed are from July 1, 1965 to June 30, 1966

• October 14, 1965

  Claimed Art Heyman on waivers from the New York Knicks.

• October 20, 1965

  Traded Connie Dierking and Art Heyman to the Cincinnati Royals for Bud Olsen and cash.

• March 22, 1966

  Fired Alex Hannum as Head Coach.

  Hired Bill Sharman as Head Coach.

• May 1, 1966

  Lost Keith Erickson to the Chicago Bulls in the NBA expansion draft.

  Lost McCoy McLemore to the Chicago Bulls in the NBA expansion draft.

• May 11, 1966

  Drafted Clyde Lee in the 1st round (3rd pick) of the 1966 NBA Draft.

  Drafted Joe Ellis in the 2nd round (13th pick) of the 1966 NBA Draft.

  Drafted Steve Chubin in the 3rd round (23rd pick) of the 1966 NBA Draft.

  Drafted Steve Vacendak in the 4th round (33rd pick) of the 1966 NBA Draft.

  Drafted Tom Kerwin in the 5th round (43rd pick) of the 1966 NBA Draft.

  Drafted Jim Pitts in the 6th round (53rd pick) of the 1966 NBA Draft.

  Drafted Lon Hughey in the 7th round (62nd pick) of the 1966 NBA Draft.

  Drafted Ken Washington in the 8th round (71st pick) of the 1966 NBA Draft.

• June 7, 1966

  Signed Bill McGill as a free agent.