| Transactions | ||||||
| Date | Team | Player | Type | OthTm | EffDate | When |
| 6/4/1997 | LON | Benes,Al | Acquired via trade | Pal | After | |
| 6/4/1997 | LON | Tomko | Traded away | Pal | After | |
| 6/4/1997 | Pal | Benes,Al | Traded away | LON | After | |
| 6/4/1997 | Pal | Tomko | Acquired via trade | LON | After | |
| 7/16/1997 | MAD | Hamilton | Acquired via trade | BT | After | |
| 7/16/1997 | MAD | Stynes | Traded away | BT | After | |
| 8/13/1997 | LON | Conine | Traded away | WIZ | After | |
| 8/13/1997 | LON | Strange | Acquired via trade | WIZ | After | |