Transactions listed are from July 1, 1995 to
June 30, 1996.
- September 21, 1995
Signed Richard Dumas as a free agent.
- September 22, 1995
- September 26, 1995
Signed Vernon Maxwell as a free agent.
- October 5, 1995
Signed Elmer Bennett as a free agent.
Signed Charles Smith as a free agent.
- October 13, 1995
Waived Charles Smith.
- November 20, 1995
Waived Elmer Bennett.
- November 21, 1995
Signed Greg Grant as a free agent.
- November 30, 1995
- December 3, 1995
Signed Trevor Ruffin as a free agent.
- December 7, 1995
Signed Trevor Wilson as a free agent.
- December 12, 1995
Signed Mike Brown as a free agent.
Signed Scott Skiles as a free agent.
Waived Greg Grant.
- December 23, 1995
Waived Trevor Wilson.
- January 4, 1996
Waived Jeff Malone.
Waived Mike Brown.
- January 6, 1996
Scott Skiles retired.
- January 10, 1996
Signed Greg Sutton to the first of two 10-day contracts.
- January 11, 1996
Signed LaSalle Thompson as a free agent.
- January 30, 1996
Signed Greg Sutton as a free agent.
- February 22, 1996
Traded Sharone Wright to the Toronto Raptors for Tony Massenburg, Ed Pinckney, a 1996 2nd round draft pick (Ryan Minor was later selected) and a 1997 2nd round draft pick (James Collins was later selected). Philadelphia had the option to swap 1st round draft picks with Toronto in either 1996 or 1997 but did not do so; Philadelphia received a 2nd round draft pick in 1997 instead.
- May 13, 1996
Fired John Lucas as Head Coach.
- June 26, 1996
Drafted Allen Iverson in the 1st round (1st pick) of the 1996 NBA Draft.
Drafted Mark Hendrickson in the 2nd round (31st pick) of the 1996 NBA Draft.
Drafted Ryan Minor in the 2nd round (32nd pick) of the 1996 NBA Draft.
Drafted Jamie Feick in the 2nd round (48th pick) of the 1996 NBA Draft.