Hired Cotton Fitzsimmons as Head Coach.

Don Adams signed as a veteran free agent with the Detroit Pistons; received a 1978 3rd round draft pick (Ricky Gallon was later selected) as compensation.

Traded Mike Bantom and Adrian Dantley to the Indiana Pacers for Billy Knight.

Traded George Johnson, a 1978 1st round draft pick (Micheal Ray Richardson was later selected) and a 1979 1st round draft pick (Cliff Robinson was later selected) to the New Jersey Nets for Tiny Archibald.

Signed Mike Bantom as a veteran free agent and sent a future 4th round draft pick to the New Jersey Nets as compensation.

Traded John Gianelli to the Milwaukee Bucks for a 1979 1st round draft pick (Roy Hamilton was later selected).

Traded Ernie DiGregorio to the Los Angeles Lakers for future considerations.

Traded a 1978 2nd round draft pick (Keith Herron was later selected) to the Atlanta Hawks for Bill Willoughby.

Sold player rights to Bird Averitt to the New Jersey Nets.

Signed Jim McDaniels as a free agent.

Signed Wil Jones as a veteran free agent and sent a 1980 2nd round draft pick (Kenny Natt was later selected) to the Indiana Pacers as compensation.

Signed Ted McClain as a veteran free agent and sent a 1978 3rd round draft pick (Hollis Copeland was later selected) to the Denver Nuggets as compensation.

Traded future considerations to the Cleveland Cavaliers for Gary Brokaw.

Traded Johnny Neumann to the Indiana Pacers for a 1978 3rd round draft pick (Mike Santos was later selected).

Waived Larry Johnson.

Traded Gus Gerard, John Shumate and a 1979 1st round draft pick (Roy Hamilton was later selected) to the Detroit Pistons for Marvin Barnes, a 1978 2nd round draft pick (Lew Massey was later selected) and a 1978 4th round draft pick (Larry Harris was later selected).

Signed Larry Johnson as a free agent.

Signed Scott Lloyd as a free agent.

Waived Larry Johnson.

Signed Mike Glenn as a free agent.

Waived Gary Brokaw.

Signed Bird Averitt as a free agent.

Traded Ted McClain to the Philadelphia 76ers for a 1978 3rd round draft pick (Marvin Delph was later selected).

Signed Larry McNeill as a free agent.

Waived Jim McDaniels.

Signed Eddie Owens as a free agent.

Signed Nick Weatherspoon as a free agent.

Traded a 1978 2nd round draft pick (Lew Massey was later selected) to the Los Angeles Lakers for Tom Abernethy.

Drafted Jerome Whitehead in the 2nd round (41st pick) of the 1978 NBA Draft.

Drafted Mike Santos in the 3rd round (48th pick) of the 1978 NBA Draft.

Drafted Ricky Gallon in the 3rd round (51st pick) of the 1978 NBA Draft.

Drafted Marvin Delph in the 3rd round (65th pick) of the 1978 NBA Draft.

Drafted Jim Boylan in the 4th round (68th pick) of the 1978 NBA Draft.

Drafted Larry Harris in the 4th round (73rd pick) of the 1978 NBA Draft.

Drafted Leroy McDonald in the 4th round (76th pick) of the 1978 NBA Draft.

Drafted David Thompson in the 5th round (90th pick) of the 1978 NBA Draft.

Drafted Bob Misevicius in the 6th round (112th pick) of the 1978 NBA Draft.

Drafted Stan Pietkiewicz in the 7th round (133rd pick) of the 1978 NBA Draft.

Drafted Felton Young in the 8th round (154th pick) of the 1978 NBA Draft.

Drafted Bobby White in the 9th round (172nd pick) of the 1978 NBA Draft.

Mike Glenn signed as a veteran free agent with the New York Knicks; received FROM_TRADE as compensation.