Transactions listed are from July 1, 1997 to
June 30, 1998.
- July 7, 1997
Signed Travis Knight as a free agent.
Released Frank Brickowski.
Released Nate Driggers.
Released Steve Hamer.
Released Brett Szabo.
Released Rick Fox.
Released Marty Conlon.
Released Michael Hawkins.
- July 16, 1997
Waived Dino Radja.
- July 28, 1997
Signed Bruce Bowen as a free agent.
Signed Andrew DeClercq as a free agent.
Signed Tony Massenburg as a free agent.
- August 21, 1997
- August 22, 1997
Signed Tyus Edney as a free agent.
Signed Chris Mills as a free agent.
- October 22, 1997
Traded Chris Mills, a 1998 2nd round draft pick (DeMarco Johnson was later selected) and a 2000 2nd round draft pick (Lavor Postell was later selected) to the New York Knicks for Scott Brooks, Dontae' Jones, Walter McCarty and John Thomas.
- October 27, 1997
Waived Scott Brooks.
- October 28, 1997
- February 18, 1998
- March 25, 1998
Signed Reggie Hanson to the first of two 10-day contracts.
- April 14, 1998
Signed Reggie Hanson to a contract for the rest of the season.
- June 24, 1998
Drafted Paul Pierce in the 1st round (10th pick) of the 1998 NBA Draft.