Transactions listed are from July 1, 1975 to June 30, 1976

• July 28, 1975

  Hired Bill Musselman as Head Coach.

• August 1, 1975

  Traded a draft choice to the Denver Nuggets for Patrick McFarland.

• August 20, 1975

  Signed Mark Olberding.

  Traded cash to the San Antonio Spurs for Mark Olberding.

• September 22, 1975

  Traded a draft choice and cash to the Indiana Pacers for Kevin Joyce.

  Traded Tim Bassett to the New York Nets for Bob Warren.

• October 2, 1975

  Traded Travis Grant to the Kentucky Colonels for cash.

• October 21, 1975

  Drafted Dave Robisch from the Memphis Sounds in the dispersal draft. The Memphis Sounds had become the Baltimore Claws (which never played a regular season game during the 1976 season) at the time of this transaction.

  Drafted Stew Johnson from the Memphis Sounds in the dispersal draft. The Memphis Sounds had become the Baltimore Claws (which never played a regular season game during the 1976 season) at the time of this transaction.

• November 14, 1975

  Traded Caldwell Jones to the Kentucky Colonels for cash.