Transactions listed are from July 1, 1990 to
June 30, 1991.
- August 1, 1990
- August 3, 1990
Traded a 1993 2nd round draft pick and a 1995 2nd round draft pick to the Los Angeles Lakers for Orlando Woolridge. The 2nd round draft picks traded to Los Angeles were conditional and were not exercised.
- August 15, 1990
- August 17, 1990
Signed Clifford Lett as a free agent.
- September 6, 1990
Fired Doug Moe as Head Coach.
- September 7, 1990
Hired Paul Westhead as Head Coach.
- September 18, 1990
Signed Corey Gaines as a free agent.
- September 26, 1990
Signed Jawann Oldham as a free agent.
- September 28, 1990
- October 4, 1990
Signed Jim Farmer as a free agent.
- October 5, 1990
Signed Joe Wolf as an unrestricted free agent.
- October 15, 1990
Waived Clifford Lett.
Waived Jawann Oldham.
- October 24, 1990
- October 29, 1990
Waived Jim Farmer.
- November 20, 1990
Waived Corey Gaines.
- December 24, 1990
Waived Avery Johnson.
Waived T.R. Dunn.
- December 28, 1990
Signed Anthony Mason to the first of two 10-day contracts.
Signed Tim Legler to the first of two 10-day contracts.
- January 4, 1991
Signed Reggie Williams as a free agent.
- January 23, 1991
As part of a 3-team trade, the Denver Nuggets traded Walter Davis and a 1992 2nd round draft pick (Reggie Smith was later selected) to the Portland Trail Blazers; the Denver Nuggets traded Terry Mills to the New Jersey Nets; the New Jersey Nets traded Greg Anderson and a 1992 1st round draft pick (Bryant Stith was later selected) to the Denver Nuggets; and the Portland Trail Blazers traded Drazen Petrovic and a 1993 2nd round draft pick (Kevin Thompson was later selected) to the New Jersey Nets.
- January 25, 1991
- January 26, 1991
- February 12, 1991
Signed Craig Neal to the first of two 10-day contracts.
- March 3, 1991
Released Craig Neal.
- March 7, 1991
Signed Jim Farmer to a 10-day contract.
- March 17, 1991
Signed Jim Farmer to a contract for the rest of the season.
- June 11, 1991
Traded Michael Adams, a 1991 1st round draft pick (LaBradford Smith was later selected) and a 1993 2nd round draft pick (John Best was later selected) to the Washington Bullets for a 1991 1st round draft pick (Mark Macon was later selected).
- June 26, 1991
Drafted Mark Macon in the 1st round (8th pick) of the 1991 NBA Draft.
Drafted Dikembe Mutombo in the 1st round (4th pick) of the 1991 NBA Draft.