June 27, 2001: Traded Omar Cook to the Denver Nuggets for a future 1st round draft pick. The future 1st round draft pick was originally sent from Orlando to Denver in a trade on February 1, 2000.
August 1, 2002: Traded Don Reid and a 2006 1st round draft pick (Marcus Williams) to the Denver Nuggets for a 2004 2nd round draft pick (Sergei Lishouk).
September 5, 2002: Signed Shawn Kemp as a free agent.
September 12, 2002: Signed Jabari Smith as a free agent.
September 18, 2002: Signed Corey Benjamin as a free agent.
September 23, 2002: Signed Omar Cook as a free agent.
September 23, 2002: Signed Obinna Ekezie as a free agent.
September 25, 2002: Signed Pat Burke as a free agent.
November 16, 2003: Signed Derrick Dial as a free agent.
November 25, 2003: Signed Rod Strickland as a free agent.
December 23, 2003: Traded a 2004 2nd round draft pick to the Philadelphia 76ers for Monty Williams and a 2004 2nd round draft pick (Viktor Sanikidze). Philadelphia also received a trade exception from Orlando. The 2nd round draft pick traded to Philadelphia was conditional and was not exercised.
December 26, 2003: Traded a future 2nd round draft pick to the Phoenix Suns for Robert Archibald. The future 2nd round draft pick traded to Phoenix was conditional and was not exercised.