Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1996-11-19 | Heat | Randy Pfund | promoted to GM | |
| 1997-01-06 | Heat | James Scott | waived | |
| 1997-01-06 | Heat | John Crotty | signed free agent to a 10-day contract | |
| 1997-01-07 | Heat | Mark Strickland | waived | |
| 1997-01-08 | Heat | Willie Anderson | signed free agent to a 10-day contract | |
| 1997-01-12 | Heat | Tony Farmer | waived | |
| 1997-01-12 | Heat | Mark Strickland | signed free agent to a 10-day contract | |
| 1997-01-16 | Heat | John Crotty | re-signed to a second 10-day contract | |
| 1997-01-18 | Heat | Willie Anderson | re-signed to a second 10-day contract | |
| 1997-01-22 | Heat | Mark Strickland | re-signed to a second 10-day contract | |
| 1997-01-25 | Heat | John Crotty | re-signed for the remainder of the season | |
| 1997-01-28 | Heat | Willie Anderson | re-signed for the remainder of the season | |
| 1997-02-01 | Heat | Mark Strickland | re-signed to a multi-year contract (for the rest of the season per PB) | |
| 1997-02-14 | Heat | Jamal Mashburn | Kurt Thomas, Predrag Danilovic / Sasha Danilovic, Martin Muursepp | trade with Mavericks |
| 1997-02-24 | Heat | Matt Fish | signed free agent to a 10-day contract | |
| 1997-03-06 | Heat | Matt Fish | re-signed to a second 10-day contract | |
| 1997-03-15 | Heat | Bruce Bowen | signed free agent to a 10-day contract | |
| 1997-03-15 | Heat | Matt Fish | re-signed for the remainder of the season | |
| 1997-03-25 | Heat | Bruce Bowen | re-signed for the remainder of the season | |
| 1997-05-27 | Heat | 1997 second round pick (#30- ), rights to GM Chris Wallace | 1997 second round pick (#55-Ben Pepper), Celtics right to sign Heat director of player personnel Chris Wallace | trade with Celtics |
| 1997-05-27 | Heat | Chris Wallace | resigned as GM | |
| 1997-06-25 | Heat | Charles Smith (Cornelius) | first round pick (#26 overall) | |
| 1997-06-25 | Heat | Mark Sanford | second round pick (#30 overall) | |
| 1997-07-07 | Heat | Patrick Savoy | signed (date 10-02 per PB) | |
| 1997-07-07 | Heat | Ruben Nembhard | signed (date 10-02 per PB & Stats) |
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