Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1984-10-04 | Rockets | • John Lucas Jr. • 1985 third round pick (#54-Sam Mitchell) |
• James Bailey • 1985 second round pick (#35-Tyrone Corbin) • cash |
trade with Spurs |
| 1984-10-09 | Rockets | • James Ray (b) | waived | |
| 1984-10-23 | Rockets | • Joedy Gardner | waived | |
| 1984-10-23 | Rockets | • Kevin McKenna | waived | |
| 1984-10-23 | Rockets | • Major Jones | waived | |
| 1984-10-23 | Rockets | • Terry Teagle | waived | |
| 1984-10-23 | Rockets | • Willie Jackson | waived | |
| 1984-12-10 | Rockets | • John Lucas Jr. | waived | |
| 1984-12-11 | Rockets | • Allen Leavell | signed free agent to a 2-year contract | |
| 1984-12-18 | Rockets | • Phil Ford | waived | |
| 1984-12-18 | Rockets | • Phil Ford | hired as scout | |
| 1984-12-28 | Rockets | • Larry Micheaux | signed free agent to a 10-day contract | |
| 1985-01-08 | Rockets | • Larry Micheaux | re-signed to a 2-year contract | |
| 1985-02-19 | Rockets | • John Lucas Jr. | signed free agent | |
| 1985-05-14 | Rockets | • Eric Turner | signed free agent to a 2-year contract | |
| 1985-06-18 | Rockets | • Steve Harris | 1985 NBA draft first round pick (#19 overall) | |
| 1985-06-18 | Rockets | • Michael Payne | 1985 NBA draft third round pick (#57 overall) | |
| 1985-06-18 | Rockets | • Sam Mitchell | 1985 NBA draft third round pick (#54 overall) | |
| 1985-06-18 | Rockets | • Mike Brooks | 1985 NBA draft fourth round pick (#88 overall) | |
| 1985-06-18 | Rockets | • Sam Potter | 1985 NBA draft sixth round pick (#134 overall) | |
| 1985-08-01 | Rockets | • Granville Waiters | • 1987 third round pick (#60-Sean Couch) | trade with Pacers |
| 1985-09-26 | Rockets | • Carlton McCray / Scooter McCray | signed free agent | |
| 1985-09-26 | Rockets | • Michael Young | signed free agent | |
| 1985-09-27 | Rockets | • Lewis Lloyd | re-signed to a 4-year contract | |
| 1985-09-27 | Rockets | • Steve Harris | signed first round pick to a 4-year contract |