Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1987-06-22 | Bulls | • rights to Scottie Pippen • Sonics option to swap 1988 or 1989 first round picks (protected top 3) (1989 #20-Jeff Sanders) |
• rights to Olden Polynice • Sonics option to swap 1988 or 1989 first round picks (protected top 3) (1989 #18-B.J. Armstrong) • 1988 or 1989 second round pick (1988 #35-Sylvester Gray) |
trade with Sonics |
| 1987-09-28 | Bulls | • Doug Collins | re-signed as head coach to a 3-year contract extension through 1989-90 season | |
| 1987-10-01 | Bulls | • Gene Littles | resigned as assistant coach | |
| 1987-10-08 | Bulls | • Anthony Wilson | signed fifth round pick | |
| 1987-10-08 | Bulls | • Dave Corzine | re-signed free agent | |
| 1987-10-08 | Bulls | • Doug Altenberger | signed sixth round pick | |
| 1987-10-08 | Bulls | • Earvin Leavy (Ervin Leavy per Bulls media guide) | signed | |
| 1987-10-08 | Bulls | • Rickie Winslow | signed second round pick | |
| 1987-10-08 | Bulls | • Scott Meents | signed fourth round pick | |
| 1987-10-08 | Bulls | • Tony White | signed second round pick | |
| 1987-10-09 | Bulls | • Elston Turner | waived | |
| 1987-10-10 | Bulls | • Phil Jackson | hired as assistant coach | |
| 1987-10-14 | Bulls | • Scottie Pippen | signed first round pick to a 6-year contract (4-years guaranteed) | |
| 1987-10-15 | Bulls | • Anthony Wilson | waived | |
| 1987-10-16 | Bulls | • Earvin (Ervin per Bulls media guide) Leavy | waived | |
| 1987-10-19 | Bulls | • Tom Sheehey | claimed off waivers (from Celtics) | |
| 1987-10-22 | Bulls | • Horace Grant | signed first round pick to a 4-year contract | |
| 1987-10-26 | Bulls | • Scott Meents | waived | |
| 1987-10-26 | Bulls | • Tom Sheehey | waived | |
| 1987-11-03 | Bulls | • Doug Altenberger | waived | |
| 1987-11-03 | Bulls | • Pete Myers | waived | |
| 1987-11-09 | Bulls | • Rickie Winslow | waived | |
| 1987-11-09 | Bulls | • Granville Waiters | re-signed | |
| 1987-11-12 | Bulls | • Tony White | waived | |
| 1987-11-12 | Bulls | • Rory Sparrow | • 1988 second round pick (#37-Greg Butler) | trade with Knicks |
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