- July 8, 2010
Signed Chris Duhon as a free agent.
- July 13, 2010
Signed Quentin Richardson as a free agent.
- September 15, 2010
Signed Malik Allen as a free agent.
- December 1, 2010
Assigned Daniel Orton to the New Mexico Thunderbirds of the D-League.
- December 6, 2010
Recalled Daniel Orton from the New Mexico Thunderbirds of the D-League.
- December 18, 2010
Traded Rashard Lewis to the Washington Wizards for Gilbert Arenas.
Traded Vince Carter, Marcin Gortat, Mickael Pietrus, cash and a 2011 1st round draft pick (Nikola Mirotic was later selected) to the Phoenix Suns for Earl Clark, Jason Richardson and Hedo Turkoglu.
- January 26, 2011
Waived Jason Williams.
- June 23, 2011
Traded a 2013 2nd round draft pick (Allen Crabbe was later selected) and a 2014 2nd round draft pick to the Cleveland Cavaliers for Justin Harper.
Drafted DeAndre Liggins in the 2nd round (53rd pick) of the 2011 NBA Draft.