Transactions listed are from July 1, 1998 to
June 30, 1999.
- September 22, 1998
Hired Mike D'Antoni as Head Coach.
- January 21, 1999
As part of a 3-team trade, the Denver Nuggets traded a 1999 1st round draft pick (Jonathan Bender was later selected) to the Toronto Raptors; the Denver Nuggets traded Dean Garrett and Bobby Jackson to the Minnesota Timberwolves; the Minnesota Timberwolves traded Zeljko Rebraca, Micheal Williams and a 2000 1st round draft pick (Morris Peterson was later selected) to the Toronto Raptors; and the Toronto Raptors traded Chauncey Billups and Tyson Wheeler to the Denver Nuggets.
- January 22, 1999
Signed Cory Alexander as a free agent.
Signed Kelly McCarty as a free agent.
Signed Antonio McDyess as a free agent.
- January 23, 1999
Signed Monty Williams as a free agent.
Signed Loren Meyer as a free agent.
- February 19, 1999
Waived Monty Williams.
Waived Tyson Wheeler.
- March 3, 1999
Signed Carl Herrera as a free agent.
- June 30, 1999
Drafted Chris Herren in the 2nd round (33rd pick) of the 1999 NBA Draft.
Drafted James Posey in the 1st round (18th pick) of the 1999 NBA Draft.
Drafted Francisco Elson in the 2nd round (41st pick) of the 1999 NBA Draft.