Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1996-09-30 | Grizzlies | • Larry Riley | promoted to director of player personnel | |
| 1996-10-02 | Grizzlies | • Chucky Atkins | signed free agent | |
| 1996-10-02 | Grizzlies | • Jack Lothian | signed free agent | |
| 1996-10-02 | Grizzlies | • Rich Manning | signed free agent | |
| 1996-10-03 | Grizzlies | • Chris Robinson | signed second round pick to a 1-year contract | |
| 1996-10-21 | Grizzlies | • Chucky Atkins | waived | |
| 1996-10-21 | Grizzlies | • Jack Lothian | waived | |
| 1996-10-31 | Grizzlies | • Tim Breaux | waived | |
| 1996-12-11 | Grizzlies | • Martyn Norris / Moochie Norris | signed free agent | |
| 1996-12-30 | Grizzlies | • Martyn Norris / Moochie Norris | waived | |
| 1997-01-06 | Grizzlies | • Rich Manning | waived | |
| 1997-01-24 | Grizzlies | • Brian Winters | fired as head coach | |
| 1997-01-24 | Grizzlies | • Stu Jackson | named head coach in addition to president & general manager | |
| 1997-01-29 | Grizzlies | • Aaron Williams | signed free agent to a 10-day contract | |
| 1997-02-10 | Grizzlies | • Aaron Williams | re-signed to a second 10-day contract | |
| 1997-02-10 | Grizzlies | • Eric Leckner | signed free agent to a 10-day contract | |
| 1997-02-20 | Grizzlies | • Aaron Williams | re-signed for the remainder of the season | |
| 1997-02-20 | Grizzlies | • Eric Leckner | re-signed to a second 10-day contract | |
| 1997-03-02 | Grizzlies | • Eric Leckner | re-signed for the remainder of the season | |
| 1997-04-21 | Grizzlies | • Lionel Hollins | re-signed as assistant coach | |
| 1997-04-22 | Grizzlies | • Jimmy Powell | fired as assistant coach | |
| 1997-04-22 | Grizzlies | • Rex Hughes | fired as assistant coach | |
| 1997-06-25 | Grizzlies | • Antonio Daniels | 1997 NBA draft first round pick (#4 overall) | |
| 1997-06-25 | Grizzlies | • C.J. Bruton | 1997 NBA draft second round pick (#52 overall) | |
| 1997-06-25 | Grizzlies | • cash | • rights to C.J. Bruton | trade with Blazers |
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