Transactions listed are from July 1, 1977 to June 30, 1978

• August 16, 1977

  Signed Bob Dandridge as a veteran free agent and sent cash to the Milwaukee Bucks as compensation.

• September 20, 1977

  Waived Dave Bing.

• October 11, 1977

  Traded Bo Ellis to the Denver Nuggets for a 1978 1st round draft pick (Dave Corzine was later selected).

• January 24, 1978

  Signed Charles Johnson as a free agent.

• June 9, 1978

  Drafted Roger Phegley in the 1st round (14th pick) of the 1978 NBA Draft.

  Drafted Dave Corzine in the 1st round (18th pick) of the 1978 NBA Draft.

  Drafted Terry Sykes in the 2nd round (37th pick) of the 1978 NBA Draft.

  Drafted Rick Apke in the 3rd round (58th pick) of the 1978 NBA Draft.

  Drafted Lawrence Boston in the 4th round (81st pick) of the 1978 NBA Draft.

  Drafted Roger Dickens in the 5th round (102nd pick) of the 1978 NBA Draft.

  Drafted Archie Aldridge in the 6th round (125th pick) of the 1978 NBA Draft.

  Drafted Ed Hopkins in the 7th round (145th pick) of the 1978 NBA Draft.

  Drafted Nestor Cora in the 8th round (165th pick) of the 1978 NBA Draft.

  Drafted Tim Claxton in the 9th round (181st pick) of the 1978 NBA Draft.

  Drafted Steve Connor in the 10th round (197th pick) of the 1978 NBA Draft.