Transactions listed are from July 1, 1991 to
June 30, 1992.
- July 3, 1991
Traded a 1993 2nd round draft pick (Leonard White was later selected) to the Los Angeles Clippers for Joe Wylie.
- July 30, 1991
Signed Anthony Mason as a free agent.
- August 14, 1991
Signed Patrick Eddie as a free agent.
- September 30, 1991
Signed Carlton McKinney as a free agent.
- October 1, 1991
Traded Jerrod Mustaf, Trent Tucker, a 1992 2nd round draft pick (Brian Davis was later selected) and a 1994 2nd round draft pick (Anthony Goldwire was later selected) to the Phoenix Suns for Xavier McDaniel.
Released Eddie Lee Wilkins.
- October 3, 1991
Signed Jeff Sanders as a free agent.
- October 7, 1991
Waived Jeff Sanders.
- November 14, 1991
Waived Carlton McKinney.
Signed Kennard Winchester as a free agent.
- February 20, 1992
- June 24, 1992
Drafted Hubert Davis in the 1st round (20th pick) of the 1992 NBA Draft.
Waived Kiki Vandeweghe.