Transactions listed are from July 1, 1984 to
June 30, 1985.
- September 24, 1984
Bob Lanier retired.
- September 29, 1984
- October 12, 1984
Signed Butch Graves as a free agent.
- October 17, 1984
Signed Larry Micheaux as a free agent.
- October 22, 1984
Waived Butch Graves.
- October 23, 1984
Waived McKinley Singleton.
- November 5, 1984
Waived Lorenzo Romar.
- November 6, 1984
Signed Mark West as a free agent.
- November 11, 1984
Signed Charles Davis as a free agent.
- November 12, 1984
Waived Mark West.
- December 17, 1984
Waived Larry Micheaux.
- February 12, 1985
Signed David Thirdkill to the first of two 10-day contracts.
- March 6, 1985
Waived David Thirdkill.
- April 2, 1985
Signed Chris Engler as a free agent.
- June 18, 1985
Drafted Jerry Reynolds in the 1st round (22nd pick) of the 1985 NBA Draft.
Drafted Eugene McDowell in the 3rd round (68th pick) of the 1985 NBA Draft.
Drafted Cozell McQueen in the 4th round (91st pick) of the 1985 NBA Draft.
Drafted Ray Knight in the 5th round (114th pick) of the 1985 NBA Draft.
Drafted Quentin Anderson in the 6th round (137th pick) of the 1985 NBA Draft.
Drafted Mario Elie in the 7th round (160th pick) of the 1985 NBA Draft.