Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1986-06-01 | Pacers | • Donnie Walsh | hired as general manager (date approximate) | |
| 1986-06-17 | Pacers | • Chuck Person | 1986 NBA draft first round pick (#4 overall) | |
| 1986-06-17 | Pacers | • Greg Dreiling | 1986 NBA draft second round pick (#26 overall) | |
| 1986-06-17 | Pacers | • Derrick Taylor | 1986 NBA draft fourth round pick (#72 overall) | |
| 1986-06-17 | Pacers | • Richard Rellford | 1986 NBA draft fifth round pick (#95 overall) | |
| 1986-06-17 | Pacers | • Jeff Hall (a) | 1986 NBA draft sixth round pick (#118 overall) | |
| 1986-06-17 | Pacers | • Steve Woodside | 1986 NBA draft seventh round pick (#141 overall) | |
| 1986-07-15 | Pacers | • Tom Newell | resigned as director of player personnel | |
| 1986-07-24 | Pacers | • Greg Dreiling | signed second round pick | |
| 1986-07-29 | Pacers | • George Irvine | resigned as head coach | |
| 1986-08-08 | Pacers | • Jack Ramsay | hired as head coach | |
| 1986-08-25 | Pacers | • Dave Twardzik | hired as assistant coach | |
| 1986-09-16 | Pacers | • Chuck Person | signed first round pick to a 4-year $2.4M contract | |
| 1986-09-18 | Pacers | • Kyle Macy | • 1988 second round pick (#37-Greg Butler) • 1990 or 1992 second round pick (1992 #39-Litterial Green) |
trade with Bulls |
| 1986-09-29 | Pacers | • Dwayne McClain | waived | |
| 1986-10-02 | Pacers | • Walker Russell (Sr.) | signed free agent | |
| 1986-10-02 | Pacers | • John Long • 1993 second round pick (#51-Spencer Dunkley) |
• Russ Schoene • Terence Stansbury |
trade with Sonics |
| 1986-10-18 | Pacers | • Bill Garnett | waived | |
| 1986-10-28 | Pacers | • Bill Martin | waived | |
| 1986-10-28 | Pacers | • Walker Russell (Sr.) | waived | |
| 1986-12-29 | Pacers | • Pete Verhoeven | signed free agent to a 10-day contract | |
| 1987-01-01 | Pacers | • Michael Brooks | signed free agent to a 10-day contract (Clippers retained right of first refusal) | |
| 1987-01-07 | Pacers | • Pete Verhoeven | re-signed to a second 10-day contract | |
| 1987-01-10 | Pacers | • Pete Verhoeven | waived | |
| 1987-01-12 | Pacers | • Michael Brooks | re-signed to a second 10-day contract |
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