Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 2004-06-17 | Hornets | Allan Bristow | promoted to GM | |
| 2004-06-22 | Hornets | Maurice Carter | lost in expansion draft (to Bobcats) | |
| 2004-06-22 | Hornets | Jeff Bower | moved from assistant coach to front office position | |
| 2004-06-22 | Hornets | Kenny Gattison | retained as assistant coach | |
| 2004-06-24 | Hornets | J.R. Smith | first round pick (#18 overall) | |
| 2004-06-24 | Hornets | Tim Pickett | second round pick (#44 overall) | |
| 2004-06-29 | Hornets | Willis Reed | hired as VP of basketball operations | |
| 2004-07-01 | Hornets | Shammond Williams | became a free agent | |
| 2004-07-01 | Hornets | Stacey Augmon | became a free agent | |
| 2004-07-01 | Hornets | Steve Smith | became a free agent | |
| 2004-07-01 | Hornets | Robert Traylor / Tractor Traylor | became a free agent | |
| 2004-07-06 | Hornets | J.R. Smith | signed first round pick to a 3-year, $3.9M contract with a fourth year, $2.1M team option | |
| 2004-07-09 | Hornets | Jeff Capel | hired as assistant coach | |
| 2004-07-16 | Hornets | Chris Andersen | signed restricted free agent (from Nuggets) to 2-year, $2.3-3.4M contract | |
| 2004-07-21 | Hornets | Darrell Walker | hired as assistant coach | |
| 2004-08-02 | Hornets | Stacey Augmon | lost free agent (to Magic) | |
| 2004-08-03 | Hornets | Rodney Rogers | signed free agent to a 1-year contract | |
| 2004-08-03 | Hornets | Tim Pickett | signed second round pick to a 1-year contract | |
| 2004-08-04 | Hornets | Jim Cleamons | hired as assistant coach | |
| 2004-08-05 | Hornets | Robert Traylor / Tractor Traylor | lost free agent (to Cavaliers) | |
| 2004-08-18 | Hornets | Robert Werdann | hired as scout | |
| 2004-09-28 | Hornets | Nate Williams | signed free agent | |
| 2004-09-28 | Hornets | Sean Finn | signed free agent | |
| 2004-09-28 | Hornets | Britton Johnson | signed free agent (from Magic) | |
| 2004-09-28 | Hornets | Tremaine Fowlkes | signed free agent (from Pistons) |
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