Transactions listed are from July 1, 2001 to
June 30, 2002.
- August 3, 2001
- August 13, 2001
Signed Bryant Stith as a free agent.
- October 1, 2001
Signed Reggie Slater as a free agent.
Signed Anthony Goldwire as a free agent.
- October 23, 2001
Waived Anthony Goldwire.
- October 25, 2001
Waived Reggie Slater.
- October 26, 2001
As part of a 3-team trade, the Cleveland Cavaliers traded Chris Gatling to the Miami Heat; the Miami Heat traded Ricky Davis to the Cleveland Cavaliers; the Miami Heat traded Don MacLean and cash to the Toronto Raptors; and the Toronto Raptors traded Brian Skinner to the Cleveland Cavaliers.
- June 26, 2002
Drafted Carlos Boozer in the 2nd round (35th pick) of the 2002 NBA Draft.
Drafted Dajuan Wagner in the 1st round (6th pick) of the 2002 NBA Draft.