Transactions listed are from July 1, 2006 to
June 30, 2007.
- July 13, 2006
Signed Keith Bogans as a free agent.
- October 2, 2006
Signed Kasib Powell as a free agent.
- October 25, 2006
Waived Kasib Powell.
- January 10, 2007
Assigned James Augustine to the Anaheim Arsenal of the D-League.
- January 25, 2007
Recalled James Augustine from the Anaheim Arsenal of the D-League.
- June 8, 2007
Traded a 2007 2nd round draft pick (Stanko Barac was later selected) and a 2008 2nd round draft pick (Darnell Jackson was later selected) to the Miami Heat for Stan Van Gundy (coach).
- June 28, 2007
Traded a 2007 2nd round draft pick (Brad Newley was later selected) to the Houston Rockets for cash.
Drafted Reyshawn Terry in the 2nd round (44th pick) of the 2007 NBA Draft.
Traded Reyshawn Terry to the Dallas Mavericks for Milovan Rakovic.