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Transactions listed are from July 1, 2007 to
June 30, 2008.
- July 27, 2007
Waived Allan Ray.
- July 31, 2007
Traded Ryan Gomes, Gerald Green, Al Jefferson, Theo Ratliff, Sebastian Telfair, a 2009 1st round draft pick (Wayne Ellington was later selected) and a 2009 1st round draft pick (Jonny Flynn was later selected) to the Minnesota Timberwolves for Kevin Garnett.
- August 1, 2007
Signed Eddie House as a free agent.
- August 6, 2007
Signed Scot Pollard as a free agent.
- August 27, 2007
Signed James Posey as a free agent.
- September 27, 2007
Signed Dahntay Jones as a free agent.
- October 25, 2007
Waived Dahntay Jones.
- November 13, 2007
Assigned Brandon Wallace to the Utah Flash of the G-League.
- November 23, 2007
- November 26, 2007
- December 3, 2007
- December 13, 2007
- December 18, 2007
Recalled Brandon Wallace from the Utah Flash of the G-League.
- February 27, 2008
Signed P.J. Brown as a free agent.
- March 3, 2008
Signed Sam Cassell as a free agent.
- March 4, 2008
- April 11, 2008
- June 26, 2008
Drafted J.R. Giddens in the 1st round (30th pick) of the 2008 NBA Draft.
Drafted Semih Erden in the 2nd round (60th pick) of the 2008 NBA Draft.