Transactions listed are from July 1, 1989 to
June 30, 1990.
- July 6, 1989
Fired Doug Collins as Head Coach.
- July 10, 1989
Hired Phil Jackson as Head Coach.
- October 5, 1989
- December 20, 1989
- March 25, 1990
Signed Craig Hodges as an unrestricted free agent.
Signed Clifford Lett to the first of two 10-day contracts.
- June 26, 1990
Traded a 1990 1st round draft pick (Tate George was later selected), a 1991 2nd round draft pick (Von McDade was later selected) and a 1992 2nd round draft pick (P.J. Brown was later selected) to the New Jersey Nets for Dennis Hopson.
- June 27, 1990
Drafted Toni Kukoc in the 2nd round (29th pick) of the 1990 NBA Draft.