Transactions listed are from July 1, 1985 to
June 30, 1986.
- July 25, 1985
Waived Cozell McQueen.
Waived Mario Elie.
- August 9, 1985
- September 26, 1985
Signed McKinley Singleton as a free agent.
Signed Jeff Lamp as a free agent.
- September 30, 1985
Signed Bryan Warrick as a free agent.
- October 10, 1985
Waived Paul Thompson.
- October 22, 1985
Waived McKinley Singleton.
Waived Mark McNamara.
- November 11, 1985
Waived Bryan Warrick.
- January 11, 1986
Signed Mike Glenn as a veteran free agent.
- January 13, 1986
Signed Earl Jones to a 10-day contract.
- February 3, 1986
Waived Jeff Lamp.
- March 10, 1986
Signed Derrick Rowland as a free agent.
- June 17, 1986
Drafted Scott Skiles in the 1st round (22nd pick) of the 1986 NBA Draft.
Drafted Keith Smith in the 2nd round (45th pick) of the 1986 NBA Draft.
Drafted Baskerville Holmes in the 3rd round (68th pick) of the 1986 NBA Draft.
Drafted Bobby Deaton in the 5th round (114th pick) of the 1986 NBA Draft.
Drafted John Kimbrell in the 6th round (137th pick) of the 1986 NBA Draft.
Drafted Jeff Strong in the 7th round (160th pick) of the 1986 NBA Draft.