Transactions listed are from July 1, 2004 to
June 30, 2005.
- July 15, 2004
Signed Richie Frahm as a free agent.
- July 20, 2004
- August 25, 2004
Signed Joel Przybilla as a free agent.
- November 14, 2004
Signed Geno Carlisle as a free agent.
- December 16, 2004
Waived Geno Carlisle.
- January 9, 2005
Signed James Thomas to a 10-day contract.
- January 21, 2005
Waived Qyntel Woods.
- January 31, 2005
Waived James Thomas.
- March 12, 2005
Signed Maurice Baker to a 10-day contract.
- June 28, 2005
Drafted Martell Webster in the 1st round (6th pick) of the 2005 NBA Draft.
Drafted Linas Kleiza in the 1st round (27th pick) of the 2005 NBA Draft.
Drafted Ricky Sanchez in the 2nd round (35th pick) of the 2005 NBA Draft.
Traded a 2005 1st round draft pick (Deron Williams was later selected) to the Utah Jazz for a 2005 1st round draft pick (Linas Kleiza was later selected), a 2005 1st round draft pick (Martell Webster was later selected) and a 2006 1st round draft pick (Joel Freeland was later selected).