| April 18 | Placed Charles Oakley on the injured list; activated Ronnie Grandison from the injured list. |
| March 26 | Activated Charles Oakley from the injured list; placed Ronnie Grandison on the injured list. |
| March 22 | Signed Ronnie Grandison to a second 10-day contract. |
| March 12 | Waived Victor Alexander and signed Ronnie Grandison to a 10-day contract. |
| March 5 | Activated Victor Alexander from the injured list. |
| February 28 | Signed free agent Herb Williams. |
| February 25 | Placed Victor Alexander on the injured list. |
| February 24 | Signed Matt Fish to a 10-day contract. |
| February 18 | Traded Doug Christie and Herb Williams to Toronto for Willie Anderson and Victor Alexander. |
| February 16 | Placed Charles Oakley on the injured list. |
| February 8 | Traded Charles Smith and Monty Williams to San Antonio in exchange for J.R. Reid, Brad Lohaus, and a 1996 first-round draft choice. |
| November 8 | Signed free agent Gary Grant and placed Anthony Tucker on the injured list. |
| October 31 | Waived Jean Prioleau. |
| October 23 | Waived Ted Allen and John Strickland. |
| October 9 | Waived Herman Alston, Greg Butler and Jamal Faulkner. |
| October 5 | Signed Anthony Tucker. |
| September 20 | Signed Anthony Mason. |