Transactions listed are from July 1, 1978 to
June 30, 1979.
- September 5, 1978
Signed Dick Snyder as a veteran free agent and sent a 1979 3rd round draft pick (Bill Laimbeer was later selected) and a 1984 2nd round draft pick (Leonard Mitchell was later selected) to the Cleveland Cavaliers as compensation.
- September 29, 1978
- October 4, 1978
Traded a 1981 1st round draft pick (Steve Johnson was later selected) to the New York Knicks for Lonnie Shelton and a 1979 1st round draft pick (Vinnie Johnson was later selected). This exchange was arranged as compensation for New York signing veteran free agent Marvin Webster on September 29, 1978.
- November 4, 1978
Waived Al Fleming.
- December 15, 1978
Signed Lars Hansen as a free agent.
- January 17, 1979
- January 19, 1979
Waived Lars Hansen.
- March 1, 1979
Signed Jackie Robinson as a free agent.
- June 25, 1979
Drafted James Bailey in the 1st round (6th pick) of the 1979 NBA Draft.
Drafted Vinnie Johnson in the 1st round (7th pick) of the 1979 NBA Draft.
Drafted Johnny Moore in the 2nd round (43rd pick) of the 1979 NBA Draft.
Drafted James Donaldson in the 4th round (73rd pick) of the 1979 NBA Draft.
Drafted Richie Allen in the 4th round (87th pick) of the 1979 NBA Draft.
- June 26, 1979