September 30, 1986: Traded a 1987 2nd round draft pick (Fred Banks) and a 1991 2nd round draft pick (Doug Overton) to the Detroit Pistons for John Long.
November 10, 1987: Maurice Lucas signed as a veteran free agent with the Portland Trail Blazers; received a 1990 2nd round draft pick (Abdul Shamsid-Deen) as compensation.
June 27, 1989: Traded TO_TRADE to the Chicago Bulls for a 1993 2nd round draft pick (Mike Peplowski). Seattle agreed not to select B.J. Armstrong with the 16th or 17th pick in the 1989 draft.
June 27, 1990: Selected Gary Payton (1st round, 2nd pick), Jud Buechler (2nd round, 38th pick) and Abdul Shamsid-Deen (2nd round, 53rd pick) in the 1990 NBA Draft.
June 27, 1990: Traded TO_TRADE to the Orlando Magic for a 1993 2nd round draft pick (Adonis Jordan) and a 1995 2nd round draft pick (Michael McDonald). Seattle agreed not to select Dennis Scott in the 1990 draft.
June 27, 1990: Traded Jud Buechler to the New Jersey Nets. New Jersey agreed not to select Dennis Scott in the 1990 draft.
October 4, 1990: Signed Dave Corzine as an unrestricted free agent.
October 24, 1990: Traded Avery Johnson to the Denver Nuggets for a 1997 2nd round draft pick. The 2nd round draft pick traded to Seattle was conditional and was not exercised.
December 21, 2001: Signed Rick Brunson as a free agent.
June 26, 2002: Selected Qyntel Woods (1st round, 21st pick), Jason Jennings (2nd round, 43rd pick) and Federico Kammerichs (2nd round, 51st pick) in the 2002 NBA Draft.