Transactions listed are from July 1, 2000 to
June 30, 2001.
- July 21, 2000
- August 30, 2000
As part of a 3-team trade, the Portland Trail Blazers traded Brian Grant to the Miami Heat; the Portland Trail Blazers traded Gary Grant to the Cleveland Cavaliers; the Cleveland Cavaliers traded Shawn Kemp to the Portland Trail Blazers; and the Miami Heat traded Chris Gatling, Clarence Weatherspoon and a 2001 1st round draft pick (Brendan Haywood was later selected) to the Cleveland Cavaliers.
- August 31, 2000
- September 13, 2000
Signed Will Perdue as a free agent.
- October 26, 2000
Waived Jamel Thomas.
- March 5, 2001
Waived Gary Grant.
Signed Rod Strickland as a free agent.
- June 27, 2001
Drafted Ruben Boumtje-Boumtje in the 2nd round (50th pick) of the 2001 NBA Draft.
Drafted Zach Randolph in the 1st round (19th pick) of the 2001 NBA Draft.