Transactions listed are from July 1, 1974 to June 30, 1975

• August 20, 1974

  Traded Archie Clark to the Seattle SuperSonics for Dick Gibbs and a 1975 3rd round draft pick (Tom Kropp was later selected).

• August 21, 1974

  Waived Walt Wesley.

• September 6, 1974

  Traded Dave Stallworth and a 1975 2nd round draft pick (Allen Murphy was later selected) to the Phoenix Suns for Clem Haskins.

• October 23, 1974

  Waived Stan Washington.

• May 29, 1975

  Drafted Kevin Grevey in the 1st round (18th pick) of the 1975 NBA Draft.

  Drafted Tom Kropp in the 3rd round (48th pick) of the 1975 NBA Draft.

  Drafted Fessor Leonard in the 4th round (71st pick) of the 1975 NBA Draft.

  Drafted Rich Jones in the 5th round (90th pick) of the 1975 NBA Draft.

  Drafted John Garrett in the 6th round (107th pick) of the 1975 NBA Draft.

  Drafted Fletcher Johnson in the 7th round (126th pick) of the 1975 NBA Draft.

  Drafted Bruce Hamming in the 8th round (143rd pick) of the 1975 NBA Draft.

  Drafted Doug Brookins in the 9th round (160th pick) of the 1975 NBA Draft.

  Drafted Mike Fahey in the 10th round (173rd pick) of the 1975 NBA Draft.