Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1989-06-30 | Bulls | • Jim Stack | re-signed to a contract extension as scout and promoted to special assistant to VP of basketball operations | |
| 1989-07-06 | Bulls | • Doug Collins | fired as head coach | |
| 1989-07-10 | Bulls | • Phil Jackson | promoted to head coach; signed to a 4-year estimated $1.2M contract | |
| 1989-07-27 | Bulls | • Jeff Sanders | signed first round pick | |
| 1989-08-10 | Bulls | • Jim Cleamons | hired as assistant coach | |
| 1989-08-24 | Bulls | • Craig Hodges | re-signed free agent to multi-year contract | |
| 1989-09-12 | Bulls | • B.J. Armstrong | signed first round pick | |
| 1989-10-05 | Bulls | • Adrian McKinnon | signed free agent | |
| 1989-10-05 | Bulls | • David Wood | signed free agent | |
| 1989-10-05 | Bulls | • Ed Nealy | • future draft considerations (?-?) (1996 second round pick (?-?) per Nealy's entry in 1990-91 and 1993-94 NBA Register) | trade with Suns |
| 1989-10-05 | Bulls | • Greg Spurling | signed free agent | |
| 1989-10-05 | Bulls | • Jack Haley | signed free agent | |
| 1989-10-05 | Bulls | • Jimmy McClain | signed free agent | |
| 1989-10-05 | Bulls | • Matt Brust | signed free agent | |
| 1989-10-05 | Bulls | • Mike Doktorczyk | signed free agent | |
| 1989-10-05 | Bulls | • Stewart Granger | signed free agent | |
| 1989-10-07 | Bulls | • Stacey King | signed first round pick to a 6-year reported $8M contract | |
| 1989-10-11 | Bulls | • David Wood | waived | |
| 1989-10-11 | Bulls | • Greg Spurling | waived | |
| 1989-10-11 | Bulls | • Jimmy McClain | waived | |
| 1989-10-20 | Bulls | • Stewart Granger | waived | |
| 1989-10-31 | Bulls | • Adrian McKinnon | waived | |
| 1989-10-31 | Bulls | • Matt Brust | waived | |
| 1989-10-31 | Bulls | • Mike Doktorczyk | waived | |
| 1989-12-18 | Bulls | • Jack Haley | waived |
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