Transactions listed are from July 1, 1988 to June 30, 1989

• July 1, 1988

  Released Frank Johnson.

• August 16, 1988

  Moses Malone signed as an unrestricted free agent with the Atlanta Hawks.

• September 7, 1988

  Signed Mike Williams as a free agent.

• September 23, 1988

  Signed Vincent Askew as a free agent.

• September 30, 1988

  Signed Dominic Pressley as a free agent.

• October 6, 1988

  Signed Charles Jones as a free agent.

  Traded Jim Grandholm to the Houston Rockets for Cedric Maxwell.

• October 10, 1988

  Waived Mike Williams.

• October 12, 1988

  Waived Vincent Askew.

• November 3, 1988

  Waived Charles Jones.

• December 2, 1988

  Signed Charles Jones as a free agent.

• December 16, 1988

  Waived Dominic Pressley.

• June 15, 1989

  Lost Terry Catledge to the Orlando Magic in the NBA expansion draft.

• June 27, 1989

  Drafted Tom Hammonds in the 1st round (9th pick) of the 1989 NBA Draft.

  Drafted Ed Horton in the 2nd round (39th pick) of the 1989 NBA Draft.

  Drafted Doug Roth in the 2nd round (41st pick) of the 1989 NBA Draft.