Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1987-10-14 | Pacers | • Anthony Frederick | waived | |
| 1987-11-05 | Pacers | • Greg Jamison | hired as VP of operations | |
| 1987-12-08 | Pacers | • Brian Rowsom | waived | |
| 1987-12-10 | Pacers | • Clint Richardson | waived | |
| 1988-06-23 | Pacers | • Clinton Wheeler | lost in 1988 NBA expansion draft (to Hornets) | |
| 1988-06-28 | Pacers | • Rik Smits | 1988 NBA draft first round pick (#2 overall) | |
| 1988-06-28 | Pacers | • Herbert Crook | 1988 NBA draft third round pick (#61 overall) | |
| 1988-06-28 | Pacers | • Michael Anderson (Levin) | 1988 NBA draft third round pick (#73 overall) | |
| 1988-07-19 | Pacers | • Chad Tucker | waived | |
| 1988-07-19 | Pacers | • Darrin Houston | waived | |
| 1988-07-19 | Pacers | • Marty Simmons | waived | |
| 1988-07-19 | Pacers | • Ray Duckworth | waived | |
| 1988-07-19 | Pacers | • Stan Kappers | waived | |
| 1988-08-01 | Pacers | • Anthony Frederick | signed free agent | |
| 1988-08-26 | Pacers | • Stuart Gray | re-signed | |
| 1988-10-03 | Pacers | • rights to Everette Stephens | • Ron Anderson | trade with Knicks |
| 1988-10-05 | Pacers | • Everette Stephens | signed second round pick | |
| 1988-10-05 | Pacers | • Richard Morton | signed free agent | |
| 1988-10-05 | Pacers | • Rik Smits | signed first round pick to a reported 4-year, $6.5M contract | |
| 1988-10-11 | Pacers | • Herbert Crook | waived | |
| 1988-10-11 | Pacers | • Jarvis Basnight | waived | |
| 1988-10-11 | Pacers | • Troy Lewis | waived | |
| 1988-11-14 | Pacers | • Richard Morton | waived | |
| 1988-11-17 | Pacers | • Jack Ramsay | resigned as head coach | |
| 1988-11-17 | Pacers | • Mel Daniels | named as interim head coach |