Transactions listed are from July 1, 1998 to
June 30, 1999.
- January 21, 1999
Signed Michael Stewart as a free agent.
Signed Negele Knight as a free agent.
As part of a 3-team trade, the Toronto Raptors traded Chauncey Billups and Tyson Wheeler to the Denver Nuggets; the Denver Nuggets traded Dean Garrett and Bobby Jackson to the Minnesota Timberwolves; the Denver Nuggets traded a 1999 1st round draft pick (Jonathan Bender was later selected) to the Toronto Raptors; and the Minnesota Timberwolves traded Zeljko Rebraca, Micheal Williams and a 2000 1st round draft pick (Morris Peterson was later selected) to the Toronto Raptors.
- January 22, 1999
Signed LaMark Baker as a free agent.
Signed William Cunningham as a free agent.
- January 25, 1999
Sharone Wright retired.
- February 17, 1999
Waived William Cunningham.
- February 19, 1999
Waived LaMark Baker.
- June 30, 1999
Drafted Aleksandar Radojevic in the 1st round (12th pick) of the 1999 NBA Draft.
Drafted Jonathan Bender in the 1st round (5th pick) of the 1999 NBA Draft.