Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1996-03-04 | Bulls | • John Salley | signed free agent to a 10-day contract | |
| 1996-03-14 | Bulls | • John Salley | re-signed to a second 10-day contract | |
| 1996-03-23 | Bulls | • John Salley | re-signed for the remainder of the season | |
| 1996-05-31 | Bulls | • Jim Cleamons | resigned as assistant coach (date approximate) | |
| 1996-06-20 | Bulls | • Phil Jackson | re-signed as head coach to a 1-year reported $2.5M contract | |
| 1996-06-26 | Bulls | • Travis Knight | 1996 NBA draft first round pick (#29 overall) | |
| 1996-07-12 | Bulls | • Travis Knight | renounced rights | |
| 1996-07-12 | Bulls | • Michael Jordan (Jeffrey) | re-signed to a 1-year contract believed to be worth $20-30M (date 07-24 per Bulls media guide) | |
| 1996-07-23 | Bulls | • Jim Stack | promoted to assistant VP of basketball operations | |
| 1996-08-05 | Bulls | • Dennis Rodman | re-signed free agent to a 1-year, $9M contract | |
| 1996-08-28 | Bulls | • John Paxson | resigned as assistant coach | |
| 1996-09-03 | Bulls | • Bill Cartwright | hired as assistant coach | |
| 1996-09-03 | Bulls | • Frank Hamblen | hired as assistant coach | |
| 1996-09-25 | Bulls | • Robert Parish | signed free agent to a 2-year contract | |
| 1996-09-26 | Bulls | • Jud Buechler | re-signed free agent | |
| 1996-09-27 | Bulls | • John Salley | signed with Panathinaikos of Greece | |
| 1996-10-02 | Bulls | • Corey Beck | signed free agent | |
| 1996-10-02 | Bulls | • Fred Herzog | signed free agent | |
| 1996-10-02 | Bulls | • Matt Steigenga | signed free agent | |
| 1996-10-02 | Bulls | • Shawn Harlan | signed | |
| 1996-10-03 | Bulls | • Eric Gingold | signed free agent | |
| 1996-10-23 | Bulls | • Thomas Hamilton | signed free agent | |
| 1996-10-24 | Bulls | • Corey Beck | waived | |
| 1996-10-24 | Bulls | • Fred Herzog | waived | |
| 1996-10-29 | Bulls | • Eric Gingold | waived |