Transactions listed are from July 1, 2003 to
June 30, 2004.
- July 24, 2003
As part of a 3-team trade, the Sacramento Kings traded Hedo Turkoglu to the San Antonio Spurs; the Sacramento Kings traded Scot Pollard to the Indiana Pacers; the Indiana Pacers traded Brad Miller to the Sacramento Kings; the Indiana Pacers traded Ron Mercer to the San Antonio Spurs; and the San Antonio Spurs traded Danny Ferry to the Indiana Pacers.
- August 5, 2003
Traded Keon Clark, a 2004 2nd round draft pick (Luis Flores was later selected) and a 2007 2nd round draft pick (Stanko Barac was later selected) to the Utah Jazz for a 2004 2nd round draft pick (Ricky Minard was later selected).
- August 15, 2003
Signed Anthony Peeler as a free agent.
- August 22, 2003
Signed Tony Massenburg as a free agent.
- August 29, 2003
Signed Rodney Buford as a free agent.
- December 8, 2003
Waived Rodney Buford.
- January 10, 2004
Signed Jabari Smith to two 10-day contracts, then signed to a contract for the rest of the season.
- February 21, 2004
Signed Rodney Buford to two 10-day contracts, then signed to a contract for the rest of the season.
- February 23, 2004
Waived Lawrence Funderburke.
- June 22, 2004
- June 24, 2004
Drafted Ricky Minard in the 2nd round (48th pick) of the 2004 NBA Draft.
Drafted Kevin Martin in the 1st round (26th pick) of the 2004 NBA Draft.