Transactions listed are from July 1, 1997 to June 30, 1998
September 22, 1997
Signed Henry James as a free agent.
September 25, 1997
As part of a 3-team trade, the Cleveland Cavaliers traded Terrell Brandon, Tyrone Hill and a 1998 1st round draft pick (Pat Garrity was later selected) to the Milwaukee Bucks; the Milwaukee Bucks traded Sherman Douglas to the Cleveland Cavaliers; the Milwaukee Bucks traded Vin Baker to the Seattle SuperSonics; and the Seattle SuperSonics traded Shawn Kemp to the Cleveland Cavaliers.
October 1, 1997
As part of a 3-team trade, the Cleveland Cavaliers traded a 2005 1st round draft pick (Sean May was later selected) to the Phoenix Suns; the Denver Nuggets traded Antonio McDyess to the Phoenix Suns; the Phoenix Suns traded Tony Dumas and Wesley Person to the Cleveland Cavaliers; and the Phoenix Suns traded a 1998 1st round draft pick (Tyronn Lue was later selected), a 1999 1st round draft pick (James Posey was later selected), a 2000 2nd round draft pick (Dan McClintock was later selected), a 2001 1st round draft pick (Joseph Forte was later selected) and a 2002 2nd round draft pick (Rod Grizzard was later selected) to the Denver Nuggets.
October 2, 1997
Signed Adrian Caldwell as a free agent.
Signed Mitchell Butler as a free agent.
October 16, 1997
Waived Adrian Caldwell.
October 20, 1997
Traded Sherman Douglas and a 2000 2nd round draft pick (Eddie House was later selected) to the Denver Nuggets for Greg Graham.
October 30, 1997
Waived Donny Marshall.
December 2, 1997
Waived Greg Graham.
December 12, 1997
Signed Scott Brooks as a free agent.
January 29, 1998
Waived Tony Dumas.
February 2, 1998
Signed Carl Thomas to the first of two 10-day contracts.
February 22, 1998
Signed Carl Thomas to a contract for the rest of the season.
June 24, 1998
Drafted Ryan Stack in the 2nd round (48th pick) of the 1998 NBA Draft.
June 29, 1998
Waived Shawnelle Scott.
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