Transactions listed are from July 1, 2000 to
June 30, 2001.
- August 3, 2000
Signed Dee Brown as a free agent.
- August 10, 2000
Signed Troy Hudson as a free agent.
- August 15, 2000
Signed Don Reid as a free agent.
- November 2, 2000
Signed Elliot Perry as a free agent.
- November 30, 2000
Waived Elliot Perry.
- January 7, 2001
Signed James Robinson to the first of two 10-day contracts.
- January 29, 2001
Signed Cory Alexander to two 10-day contracts, then signed to a contract for the rest of the season.
- June 2, 2001
As part of a 3-team trade, the Orlando Magic traded a 2001 1st round draft pick (Brandon Armstrong was later selected) and a 2001 1st round draft pick (Jeryl Sasser was later selected) to the Houston Rockets; and the Detroit Pistons traded a 2005 1st round draft pick (Fran Vazquez was later selected) to the Orlando Magic.
- June 27, 2001
Drafted Steven Hunter in the 1st round (15th pick) of the 2001 NBA Draft.
Drafted Jeryl Sasser in the 1st round (22nd pick) of the 2001 NBA Draft.
Drafted Omar Cook in the 2nd round (32nd pick) of the 2001 NBA Draft.