| Transactions |
| Date | Player | Notes |
| 04/14/2002 | Latrell Sprewell | Team Suspension |
| 10/29/2001 | Eric Chenowith | Waived |
| 10/25/2001 | Michael Wright | Waived |
| 10/12/2001 | Michael Hicks | Waived |
| 10/12/2001 | Ed Cota | Waived |
| 10/10/2001 | Larry Johnson | Waived |
| 10/10/2001 | Larry Johnson | Retired |
| 10/01/2001 | Michael Hicks | Signed as Free Agent |
| 10/01/2001 | Lavor Postell | Re-Signed |
| 10/01/2001 | Larry Robinson | Signed as Free Agent |
| 10/01/2001 | Ed Cota | Signed as Free Agent |
| 10/01/2001 | Michael Wright | Signed as Draft Pick |
| 09/28/2001 | Felton Spencer | Re-Signed |
| 09/25/2001 | Luc Longley | Retired |
| 08/10/2001 | Howard Eisley | Traded Three-team deal with Houston and DallasFrom Mavericks To Knicks |
| 08/10/2001 | Shandon Anderson | Traded Three-team deal with Houston and DallasFrom Rockets To Knicks |
| 08/10/2001 | Glen Rice | Traded Three-team deal with New York and DallasFrom Knicks To Rockets |
| 08/10/2001 | Muggsy Bogues | Traded Three-team deal w/Houston and New YorkFrom Knicks To Mavericks |
| 07/23/2001 | Allan Houston | Re-Signed Six-year contract |
| 07/20/2001 | Clarence Weatherspoon | Signed as Free Agent |
