Transactions listed are from July 1, 1996 to
June 30, 1997.
- July 14, 1996
Signed Allan Houston as a free agent.
Signed Chris Childs as a free agent.
Released Ron Grandison.
Released J.R. Reid.
Released Gary Grant.
Released Derek Harper.
- July 24, 1996
- July 26, 1996
Signed Buck Williams as a free agent.
- September 4, 1996
Signed Herb Williams as a free agent.
- October 2, 1996
Signed Eric Leckner as a free agent.
Signed Chris Jent as a free agent.
- October 14, 1996
Signed Scott Brooks as a free agent.
- January 6, 1997
Waived Eric Leckner.
Waived Chris Jent.
- June 25, 1997
Drafted John Thomas in the 1st round (25th pick) of the 1997 NBA Draft.