Transactions listed are from July 1, 2010 to
June 30, 2011.
- July 8, 2010
- July 13, 2010
Traded Kosta Koufos, a 2011 1st round draft pick (Donatas Motiejunas was later selected) and a 2012 1st round draft pick (Terrence Jones was later selected) to the Minnesota Timberwolves for Al Jefferson.
- July 15, 2010
Signed Raja Bell as a free agent.
- September 14, 2010
Signed Francisco Elson as a free agent.
- September 20, 2010
Signed Earl Watson as a free agent.
- October 21, 2010
Waived Othyus Jeffers.
- February 10, 2011
Appointed Tyrone Corbin as Head Coach.
- February 23, 2011
Traded Deron Williams to the New Jersey Nets for Derrick Favors, Devin Harris, cash, a 2011 1st round draft pick (Enes Kanter was later selected) and a 2013 1st round draft pick (Gorgui Dieng was later selected).
- March 4, 2011
- March 6, 2011
- March 9, 2011
Signed Marcus Cousin to a 10-day contract.
- March 30, 2011
Signed Kyle Weaver to a 10-day contract.
- June 23, 2011
Drafted Enes Kanter in the 1st round (3rd pick) of the 2011 NBA Draft.
Drafted Alec Burks in the 1st round (12th pick) of the 2011 NBA Draft.