Transactions listed are from July 1, 1991 to
June 30, 1992.
- July 1, 1991
As part of a 3-team trade, the Milwaukee Bucks traded Kevin Brooks and a 1994 2nd round draft pick (Rodney Dent was later selected) to the Denver Nuggets; the Atlanta Hawks traded a 1993 2nd round draft pick (Josh Grant was later selected) to the Denver Nuggets; the Atlanta Hawks traded Anthony Avent to the Milwaukee Bucks; and the Denver Nuggets traded Blair Rasmussen to the Atlanta Hawks.
- July 10, 1991
Signed Moses Malone as an unrestricted free agent.
- September 20, 1991
Signed Michael Ansley as a free agent.
- October 5, 1991
Signed Billy Thompson as a free agent.
- October 28, 1991
Waived Michael Ansley.
- October 31, 1991
Waived Billy Thompson.
- December 4, 1991
Appointed Frank Hamblen as Interim Head Coach.
Del Harris resigns as Head Coach.
- December 18, 1991
Waived Bobby Phills.
- February 13, 1992
Signed Jerome Lane to the first of two 10-day contracts.
- March 4, 1992
Signed Dave Popson to the first of two 10-day contracts.
- May 11, 1992
- May 12, 1992
Hired Mike Dunleavy as Head Coach.
- June 24, 1992
Drafted Lee Mayberry in the 1st round (23rd pick) of the 1992 NBA Draft.
Drafted Todd Day in the 1st round (8th pick) of the 1992 NBA Draft.