Transactions listed are from July 1, 1984 to
June 30, 1985.
Signed Ron Cavenall as a free agent.
- August 1, 1984
Signed Clinton Wheeler as a free agent.
- August 24, 1984
Waived Clinton Wheeler.
- September 29, 1984
Traded Campy Russell to the Cleveland Cavaliers for a 1985 2nd round draft pick. The 2nd round draft pick was contingent upon Russell being on Cleveland's roster on December 1, 1984 but he was waived on November 5, 1984.
- October 19, 1984
- October 24, 1984
- February 21, 1985
Received a 1985 2nd round draft pick (Gerald Wilkins was later selected) and a 1986 2nd round draft pick (Michael Jackson was later selected) as compensation for the Boston Celtics signing Ray Williams as a veteran free agent.
- June 18, 1985
Drafted Ken Bantum in the 7th round (142nd pick) of the 1985 NBA Draft.
Drafted Kent Lockhart in the 6th round (119th pick) of the 1985 NBA Draft.
Drafted Mike Schlegel in the 5th round (96th pick) of the 1985 NBA Draft.
Drafted Fred Cofield in the 4th round (73rd pick) of the 1985 NBA Draft.
Drafted Gerald Wilkins in the 2nd round (47th pick) of the 1985 NBA Draft.
Drafted Patrick Ewing in the 1st round (1st pick) of the 1985 NBA Draft.