| Transactions |
| Date | Player | Notes |
| 04/07/2002 | Derrick Dial | Signed for the Rest of the Season |
| 03/28/2002 | Derrick Dial | Signed to 10-Day Contract |
| 01/30/2002 | Jermaine Jackson | Signed for the Rest of the Season |
| 01/18/2002 | Jermaine Jackson | Signed to 2nd 10-Day Contract effective 1/20 |
| 01/10/2002 | Jermaine Jackson | Signed to 10-Day Contract |
| 01/07/2002 | Carlos Arroyo | Waived |
| 11/08/2001 | Keon Clark | League Suspension |
| 10/29/2001 | Don MacLean | Waived |
| 10/26/2001 | Don MacLean | Traded Three team tradeFrom Heat To Raptors |
| 10/26/2001 | Brian Skinner | Traded Three team tradeFrom Raptors To Cavaliers |
| 10/24/2001 | Mark Davis | Waived |
| 10/12/2001 | Sean Colson | Waived |
| 08/02/2001 | Hakeem Olajuwon | Traded For 2001 1st and 2nd round picksFrom Rockets To Raptors |
| 08/01/2001 | Vince Carter | Re-Signed Six-year extension |
| 07/24/2001 | Michael Bradley | Signed as Draft Pick Three-year contract |
| 07/20/2001 | Antonio Davis | Re-Signed Five-year contract |
| 07/20/2001 | Alvin Williams | Re-Signed Multi-year contract |
| 07/18/2001 | Jerome Williams | Re-Signed |
| 07/16/2001 | Zeljko Rebraca | Traded Traded rights to for 2002 2nd round pickFrom Raptors To Pistons |
| 07/13/2001 | Brian Skinner | Traded for Charles Oakley, 2002 2nd round pickFrom Bulls To Raptors |
| 07/13/2001 | Charles Oakley | Traded With 2002 draft choice for Brian SkinnerFrom Raptors To Bulls |
