Search Results
| Date | Team | Acquired | Relinquished | Notes |
| 1985-03-26 | Bulls | Rod Thorn | fired as GM | |
| 1985-03-26 | Bulls | Jerry Krause | hired as VP of basketball operations | |
| 1985-05-28 | Bulls | Bill Blair | fired as assistant coach | |
| 1985-05-28 | Bulls | Fred Carter | fired as assistant coach | |
| 1985-05-28 | Bulls | Kevin Loughery | fired as head coach | |
| 1985-06-14 | Bulls | Stan Albeck | hired as head coach | |
| 1985-06-17 | Bulls | Gene Banks | Steve Johnson, 1985 second round pick (#29-Mike Brittain) | trade with Spurs |
| 1985-06-17 | Bulls | Stan Albeck | hired as head coach | |
| 1985-06-18 | Bulls | Adrian Branch | second round pick (#46 overall) | |
| 1985-06-18 | Bulls | Aubrey Sherrod | second round pick (#34 overall) | |
| 1985-06-18 | Bulls | Craig Beard | fourth round pick (#80 overall) | |
| 1985-06-18 | Bulls | Dan Meagher | sixth round pick (#126 overall) | |
| 1985-06-18 | Bulls | Jeff Adkins | seventh round pick (#149 overall) | |
| 1985-06-18 | Bulls | Keith Lee | first round pick (#11 overall) | |
| 1985-06-18 | Bulls | Ken Johnson | second round pick (#28 overall) | |
| 1985-06-18 | Bulls | Mike Brown (b) | third round pick (#69 overall) | |
| 1985-06-18 | Bulls | Reid Gettys | fifth round pick (#103 overall) | |
| 1985-06-18 | Bulls | rights to Mike Smrek | rights to Ben Coleman, rights to Ken Johnson | trade with Blazers |
| 1985-06-18 | Bulls | rights to Charles Oakley, rights to Calvin Duncan | Ennis Whatley, rights to Keith Lee | trade with Cavaliers |
| 1985-07-01 | Bulls | Wes Matthews Sr. | team relinquished right of first refusal | |
| 1985-07-08 | Bulls | Tex Winter | hired as assistant coach | |
| 1985-08-07 | Bulls | Murray Arnold | hired as assistant coach | |
| 1985-08-11 | Bulls | Charles Oakley | signed first round pick to a 3-year, $300K+/year contract (date 09-25 per Washington Post, Miami Herald & SF Chronicle) | |
| 1985-08-14 | Bulls | Billy McKinney | signed free agent | |
| 1985-09-26 | Bulls | Michael Wilson | signed free agent |
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