| August 5: |
Nets select Jan van Breda Kolff of Kentucky in the ABA dispersal draft. |
| September |
Nets acquire Larry McNeill from Kansas City for their 1977 3rd round draft choice (Bill Paterno). |
| September |
Nets trade Brian Taylor, Jim Eakins and their 1st round draft choices in 1977 (Otis Birdsong) and 1978 (Phil Ford) to Kansas City for Nate Archibald. |
| September |
Nets trade Ted McClain to Denver for the Nuggets’ 1978 3rd round draft choice (Dave Batton), Denver’s 1978 4th round draft choice (Walter Jordan) and cash. |
| October 2 |
Nets trade Julius Erving to Philadelphia for cash. |
| November |
Nets trade their 1977 2nd round draft choice and cash to Chicago for Bob Love. |
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| January 8: |
Nets trade their 1978 4th round draft choice (Jackie Robinson) and cash to Houston for Dave Wohl. |
| January 27 |
Nets acquire Mike Bantom from Seattle in exchange for the Sonics’ 1979 4th round draft choice (James Donaldson) and cash. |
| February 1 |
Nets trade John Williamson to Indiana for the Pacers’ 1977 1st round draft choice (Bernard King) and a player to be named at the end of the 1976-77 season. |
| April 11: |
Nets acquire Darnell Hillman from Indiana to complete the Williamson trade of February 1, 1977. |
| September |
Nets trade Nate Archibald to Buffalo for George Johnson, Houston’s 1978 1st round draft choice (M.R. Richardson) and the Braves’ 1979 1st round draft choice (Cliff Robinson). |
| September |
Nets acquire William (Bird) Averitt from Buffalo for cash. |
| November |
Nets trade Al Skinner, their 1978 2nd round draft choice (Terry Tyler) and their 1979 2nd round draft choice (Tony Price) to Detroit for Kevin Porter, Howard Porter and cash. |
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| January 27 |
Nets trade Bob Carrington and their 2nd round draft choices in 1980 (Louis Orr) and 1981 (Brian Jackson) to Indiana for John Williamson. |
| January 30 |
Nets trade Darnell Hillman to Denver for the Nuggets’ 1979 2nd round draft choice (Clint Richardson) and cash. |
| January 31 |
Nets acquire Wilson Washington from Philadelphia in exchange for Denver’s 1979 2nd round draft choice (Clint Richardson) the Nets’ 1982 2nd round draft choice (Mitchell Anderson) and New Jersey’s 1983 3rd round draft choice (Claude Riley). |
| June 8: |
Nets acquire Phil Jackson and New York’s 1978 1st round draft choice (Winford Boynes) from the Knicks in exchange for Houston’s 1978 1st round draft choice (M.R. Richardson) and the Nets’ 1979 1st round draft choice (Vinnie Johnson). |
| July 8: |
Nets receive Denver’s 1980 2nd round draft choice (John Stroud) as compensation for the Nuggets’ signing of veteran free agent Kim Hughes. |
| September |
Nets trade Kevin Porter to Detroit for Eric Money. |
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| February 7 |
Nets trade Eric Money and Al Skinner to Philadelphia for Harvey Catchings, Ralph Simpson and cash. |
| May 31: |
Nets trade Harvey Catchings to Milwaukee for John Gianelli and Indiana’s 1979 1st round draft choice (Calvin Natt). |
| October 2: |
Nets trade Bernard King, John Gianelli and Jim Boylan to Utah for Rich Kelley. |
| October 1 |
Nets acquire Mike Newlin from Houston in exchange for Denver’s 1980 2nd round draft choice (John Stroud) and cash. |
