Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1994-06-28 | Bulls | • Jimmy Rodgers | hired as assistant coach | |
| 1994-06-29 | Bulls | • Dickey Simpkins | 1994 NBA draft first round pick (#21 overall) | |
| 1994-06-29 | Bulls | • Kris Bruton | 1994 NBA draft second round pick (#49 overall) | |
| 1994-07-01 | Bulls | • Bill Cartwright | player became a free agent | |
| 1994-07-01 | Bulls | • Scott Williams | player became an unrestricted free agent | |
| 1994-07-29 | Bulls | • Horace Grant | lost unresticted free agent (to Magic) | |
| 1994-08-05 | Bulls | • Toni Kukoc | re-signed restricted free agent to a 6-year $24.5-26M contract | |
| 1994-08-19 | Bulls | • Toni Kukoc | contract voided by NBA due to circumvention of the salary cap due to one-year opt-out clause | |
| 1994-08-22 | Bulls | • John Paxson | retired | |
| 1994-09-09 | Bulls | • Joe Courtney | signed free agent | |
| 1994-09-12 | Bulls | • Toni Kukoc | previously signed contract upheld by arbitrator | |
| 1994-09-15 | Bulls | • Ron Harper (Sr.) | signed unrestricted free agent (from Clippers) to a multi-year contract, reportedly worth $2.5M per year | |
| 1994-09-16 | Bulls | • Jud Buechler | signed unrestricted free agent to a 1-year contract | |
| 1994-09-21 | Bulls | • Larry Krystkowiak | signed unrestricted free agent to a 1-year contract | |
| 1994-09-22 | Bulls | • Bill Wennington | re-signed unrestricted free agent to a multi-year contract | |
| 1994-09-27 | Bulls | • Greg Foster | signed free agent to a 1-year contract | |
| 1994-09-28 | Bulls | • Steve Kerr | re-signed free agent to a 5-year $11M contract | |
| 1994-09-29 | Bulls | • Jud Buechler | signed unrestricted free agent to a 1-year contract | |
| 1994-10-08 | Bulls | • Jo Jo English | re-signed to a 2-year ~$650K contract | |
| 1994-10-12 | Bulls | • Walter Palmer | waived | |
| 1994-10-12 | Bulls | • Dickey Simpkins | signed first round pick to a reported 6-year $7M contract | |
| 1994-10-14 | Bulls | • Joe Courtney | waived | |
| 1994-10-14 | Bulls | • Mark Davis (Giles) | waived | |
| 1994-10-18 | Bulls | • Evric Gray | waived | |
| 1994-10-18 | Bulls | • Stacey Poole | waived |