Transactions listed are from July 1, 1988 to
June 30, 1989.
- October 4, 1988
- October 19, 1988
Signed Jim Les as a free agent.
- October 20, 1988
Waived Jim Les.
- December 16, 1988
Waived Mark Davis.
- January 3, 1989
Signed Andre Turner to the first of two 10-day contracts.
- January 15, 1989
Signed Mark Davis to a 10-day contract.
- January 26, 1989
Signed Mark Davis to a contract for the rest of the season.
- February 7, 1989
Signed Tony Brown to the first of two 10-day contracts.
- February 28, 1989
Signed Tony Brown to a contract for the rest of the season.
- March 1, 1989
Signed Rickey Green as a free agent.
- May 28, 1989
Traded Terry Cummings and a 1990 2nd round draft pick (Tony Massenburg was later selected) to the San Antonio Spurs for Greg Anderson, Alvin Robertson and a 1989 2nd round draft pick (Frank Kornet was later selected).
- June 15, 1989
- June 27, 1989
Drafted Frank Kornet in the 2nd round (30th pick) of the 1989 NBA Draft.