Transactions listed are from July 1, 1996 to
June 30, 1997.
- July 11, 1996
Traded a 1998 1st round draft pick (Rasho Nesterovic was later selected) to the Minnesota Timberwolves for Andrew Lang. This was the same 1st round draft pick that Minnesota had previously traded to Milwaukee on June 26, 1996.
- August 6, 1996
Signed Armen Gilliam as a free agent.
- September 3, 1996
Signed Joe Wolf as a free agent.
- September 25, 1996
- October 3, 1996
Signed Darrin Hancock as a free agent.
Signed David Wood as a free agent.
Signed Keith Tower as a free agent.
Signed Stacey King as a free agent.
- October 14, 1996
Waived Stacey King.
- November 22, 1996
Waived Moochie Norris.
- November 27, 1996
Waived Keith Tower.
- December 4, 1996
- February 20, 1997
- February 21, 1997
Signed Cuonzo Martin to the first of two 10-day contracts.
- March 13, 1997
Signed Jimmy Carruth to the first of two 10-day contracts.
- March 30, 1997
Waived Jimmy Carruth.
- June 25, 1997
Drafted Jerald Honeycutt in the 2nd round (38th pick) of the 1997 NBA Draft.
Drafted Danny Fortson in the 1st round (10th pick) of the 1997 NBA Draft.