Transactions listed are from July 1, 1994 to
June 30, 1995.
- September 30, 1994
Signed Duane Ferrell as a free agent.
Signed Joe Wolf as a free agent.
- October 6, 1994
Signed Dan O'Sullivan as a free agent.
- October 7, 1994
Signed John Williams as a free agent.
- October 11, 1994
Waived Dan O'Sullivan.
- October 14, 1994
Released Greg Minor.
- October 31, 1994
Waived Joe Wolf.
- March 4, 1995
Waived John Williams.
Signed Mark Strickland to the first of two 10-day contracts.
- March 24, 1995
Signed Greg Kite to the first of two 10-day contracts.
- April 13, 1995
Signed Greg Kite to a contract for the rest of the season.
- June 24, 1995
- June 28, 1995
Drafted Travis Best in the 1st round (23rd pick) of the 1995 NBA Draft.
Drafted Fred Hoiberg in the 2nd round (52nd pick) of the 1995 NBA Draft.