Transactions listed are from July 1, 2005 to
June 30, 2006.
- August 2, 2005
Signed Jerome James as a free agent.
- October 4, 2005
Traded Jermaine Jackson, Mike Sweetney, Tim Thomas, a 2006 1st round draft pick (LaMarcus Aldridge was later selected), a 2007 1st round draft pick (Joakim Noah was later selected), a 2007 2nd round draft pick (Kyrylo Fesenko was later selected) and a 2009 2nd round draft pick (Jon Brockman was later selected) to the Chicago Bulls for Eddy Curry, Antonio Davis and a 2007 1st round draft pick (Wilson Chandler was later selected).
- October 6, 2005
Signed Matt Barnes as a free agent.
- December 3, 2005
Waived Matt Barnes.
- December 6, 2005
Signed Qyntel Woods as a free agent.
- February 3, 2006
- February 22, 2006
- April 6, 2006
Signed Ime Udoka as a free agent.
- June 28, 2006
Drafted Renaldo Balkman in the 1st round (20th pick) of the 2006 NBA Draft.
Drafted Mardy Collins in the 1st round (29th pick) of the 2006 NBA Draft.