| Transactions |
| Date | Player | Notes |
| 02/01/2002 | Jahidi White | League Suspension One game, $7,500 for 1/31 altercation |
| 11/07/2001 | Loy Vaught | Waived |
| 10/25/2001 | Shelly Clark | Waived |
| 10/24/2001 | Kornel David | Waived |
| 10/08/2001 | Mike Smith | Waived |
| 09/25/2001 | Michael Jordan | Signed as Free Agent Two-year contract |
| 09/20/2001 | Mike Smith | Re-Signed |
| 08/03/2001 | Brendan Haywood | Signed as Draft Pick Three-year contract |
| 08/01/2001 | Brendan Haywood | Traded For Laron Profit, future 1st round pickFrom Magic To Wizards |
| 08/01/2001 | Laron Profit | Traded For rights to Brendan HaywoodFrom Wizards To Magic |
| 07/25/2001 | Michael Smith | Waived |
| 07/19/2001 | Christian Laettner | Re-Signed Four years, $21 million contract |
| 07/18/2001 | Popeye Jones | Re-Signed |
| 07/18/2001 | Tyronn Lue | Signed as Free Agent |
| 07/13/2001 | Kwame Brown | Signed as Draft Pick Three-year contract |
| 07/02/2001 | Mitch Richmond | Waived |
| 06/27/2001 | Predrag Drobnjak | Traded Traded for rights to Bobby SimmonsFrom Wizards To SuperSonics |
| 06/27/2001 | Bobby Simmons | Traded Rights traded for Predrag DrobnjakFrom SuperSonics To Wizards |
