Transactions listed are from July 1, 1997 to
June 30, 1998.
- September 5, 1997
Signed Bo Outlaw as a free agent.
- September 8, 1997
Signed Tim Kempton as a free agent.
- September 24, 1997
- September 30, 1997
Signed Rick Brunson as a free agent.
- October 20, 1997
Waived Rick Brunson.
- October 28, 1997
- November 20, 1997
Waived Tim Kempton.
- December 10, 1997
Signed Carl Thomas to a 10-day contract.
- December 23, 1997
Waived Carl Thomas.
Signed Donald Royal to a 10-day contract.
- January 5, 1998
Waived Donald Royal.
Signed Vernon Maxwell to the first of two 10-day contracts.
- February 19, 1998
- February 22, 1998
Signed Spud Webb to a 10-day contract.
Waived Yinka Dare.
- March 1, 1998
Waived Spud Webb.
- March 2, 1998
Signed Kevin Ollie to the first of two 10-day contracts.
- March 22, 1998
Signed Kevin Ollie to a contract for the rest of the season.
- June 24, 1998
Drafted Matt Harpring in the 1st round (15th pick) of the 1998 NBA Draft.
Drafted Keon Clark in the 1st round (13th pick) of the 1998 NBA Draft.
Drafted Michael Doleac in the 1st round (12th pick) of the 1998 NBA Draft.
Drafted Miles Simon in the 2nd round (42nd pick) of the 1998 NBA Draft.
- June 30, 1998
Waived Mark Price.