Transactions listed are from July 1, 1997 to
June 30, 1998.
- July 1, 1997
Released Vernon Maxwell.
- September 29, 1997
Signed Reggie Geary as a free agent.
Signed Jaren Jackson as a free agent.
Signed Malik Rose as a free agent.
- January 6, 1998
Waived Charles Smith.
- February 24, 1998
Signed Willie Burton to the first of two 10-day contracts.
- February 27, 1998
Waived Cory Alexander.
- March 16, 1998
Signed Willie Burton to a contract for the rest of the season.
- April 1, 1998
Signed Brad Lohaus to a 10-day contract.
- April 11, 1998
Signed Brad Lohaus to a contract for the rest of the season.
- June 24, 1998
Drafted Felipe Lopez in the 1st round (24th pick) of the 1998 NBA Draft.
Drafted Derrick Dial in the 2nd round (52nd pick) of the 1998 NBA Draft.