Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 2004-10-26 | Hawks | Chris Grant | promoted to VP of basketball operations and assistant GM | |
| 2004-10-28 | Hawks | Donnell Harvey | waived | |
| 2004-10-28 | Hawks | Lonny Baxter | waived | |
| 2004-11-08 | Hawks | Anthony Miller | waived | |
| 2004-11-08 | Hawks | Anthony Miller / Pig Miller | waived | |
| 2004-11-08 | Hawks | Jelani McCoy | signed free agent | |
| 2004-12-14 | Hawks | Jelani McCoy | waived | |
| 2004-12-23 | Hawks | Tyronn Lue | Jon Barry | trade with Rockets |
| 2005-01-10 | Hawks | Obinna Ekezie | signed free agent to a 10-day contract | |
| 2005-01-20 | Hawks | Obinna Ekezie | re-signed to a second 10-day contract | |
| 2005-01-31 | Hawks | Obinna Ekezie | re-signed for the remainder of the season | |
| 2005-02-24 | Hawks | Kenny Anderson | waived | |
| 2005-02-24 | Hawks | Gary Payton, Tom Gugliotta, Michael Stewart, 2005 first round pick (lesser of Celtics own pick and Lakers pick, lottery protected through 2006) (2006 #21-Rajon Rondo) | Antoine Walker | trade with Celtics |
| 2005-02-24 | Hawks | Chris Crawford | waived | |
| 2005-03-01 | Hawks | Gary Payton | waived | |
| 2005-04-09 | Hawks | James Thomas | signed free agent for the remainder of the season | |
| 2005-06-28 | Hawks | Cenk Akyol | second round pick (#59 overall) | |
| 2005-06-28 | Hawks | Marvin Williams | first round pick (#2 overall) | |
| 2005-06-28 | Hawks | Salim Stoudamire | second round pick (#31 overall) | |
| 2005-07-01 | Hawks | Predrag Drobnjak (Peja Drobnjak) | team declined to exercise contract option, making player a free agent | |
| 2005-07-05 | Hawks | James Thomas | waived | |
| 2005-07-05 | Hawks | Obinna Ekezie | waived | |
| 2005-07-07 | Hawks | Chris Grant | resigned as VP of basketball operations and assistant GM (date approximate) |
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