Transactions listed are from July 1, 1994 to
June 30, 1995.
- July 19, 1994
- July 25, 1994
- July 27, 1994
Signed Rafael Addison as a free agent.
- August 1, 1994
Traded a 1996 2nd round draft pick (Russ Millard was later selected) and a 1999 2nd round draft pick to the Phoenix Suns for Mark West. The 2nd round draft pick traded to Phoenix was conditional and was not exercised.
- September 6, 1994
Signed Oliver Miller as a free agent.
- September 29, 1994
Released Pete Chilcutt.
Released Greg Anderson.
- October 6, 1994
Signed Ivano Newbill as a free agent.
- October 10, 1994
Signed Johnny Dawkins as a free agent.
- December 12, 1994
Signed Walter Bond as a free agent.
- December 30, 1994
Signed Mike Peplowski as a free agent.
Signed Negele Knight as a free agent.
- January 4, 1995
Waived Mike Peplowski.
- January 10, 1995
Signed Mike Peplowski to a 10-day contract.
- April 18, 1995
Waived Ivano Newbill.
- April 19, 1995
Waived Rafael Addison.
- April 26, 1995
Fired Don Chaney as Head Coach.
- April 29, 1995
Hired Doug Collins as Head Coach.
- June 24, 1995
- June 28, 1995
Traded a 1995 1st round draft pick (Shawn Respert was later selected) to the Portland Trail Blazers for a 1995 1st round draft pick (Randolph Childress was later selected), a 1995 1st round draft pick (Theo Ratliff was later selected) and a 1995 2nd round draft pick (Don Reid was later selected).
Drafted Theo Ratliff in the 1st round (18th pick) of the 1995 NBA Draft.
Drafted Randolph Childress in the 1st round (19th pick) of the 1995 NBA Draft.
Drafted Lou Roe in the 2nd round (30th pick) of the 1995 NBA Draft.
Drafted Don Reid in the 2nd round (58th pick) of the 1995 NBA Draft.