Jun 26, 2002 - The 2002 NBA Draft took place in New York.

• The Houston Rockets selected Tito Maddox in Round 2 with Pick 9 in the 2002 NBA Draft.
  
• The Houston Rockets selected Bostjan Nachbar in Round 1 with Pick 15 in the 2002 NBA Draft.
  
• The Houston Rockets selected Ming Yao in Round 1 with Pick 1 in the 2002 NBA Draft.
  

Oct 29, 2001

• Ike Nwankwo, previously with the Houston Rockets, became a free agent.
  

Oct 25, 2001

• The Houston Rockets placed the contract of Damon Jones on waivers.
  
• The Houston Rockets placed the contract of Ike Nwankwo on waivers.
  

Oct 22, 2001

• Kevin Willis was acquired in a trade by the Houston Rockets from the Denver Nuggets.
  

Oct 9, 2001

• Moochie Norris signed a multi-year contract with the Houston Rockets.
  

Oct 1, 2001

• Damon Jones signed a contract with the Houston Rockets.
  

Sep 28, 2001

• Marc Jackson signed a multi-year offer sheet with the Houston Rockets. As a restricted free agent, the Golden State Warriors can match.
  

Sep 26, 2001

• The Houston Rockets exercised their Team Option on the contract of Kenny Thomas to extend his contract.
  
• Tierre Brown signed a contract with the Houston Rockets.
  

Sep 25, 2001

• Ike Nwankwo signed a contract with the Houston Rockets.
  

Sep 19, 2001

• Eddie Griffin signed a multi-year contract with the Houston Rockets.
  

Sep 10, 2001

• Oscar Torres signed a multi-year contract with the Houston Rockets.
  

Sep 9, 2001

• Terence Morris signed a multi-year contract with the Houston Rockets.
  

Sep 7, 2001

• The Houston Rockets exercised their Team Option on the contract of Steve Francis to extend his contract.
  

Aug 10, 2001

• The Houston Rockets acquired the Draft Rights to Kyle Hill from the Dallas Mavericks.
  
• Glen Rice was acquired in a trade by the Houston Rockets from the New York Knicks.
  
• The Houston Rockets renounced their free agent exception rights to Matt Bullard.
  
• The Houston Rockets renounced their free agent exception rights to Sean Colson.
  
• The Houston Rockets renounced their free agent exception rights to Devin Gray.
  

Aug 7, 2001

• Mo Taylor signed a multi-year contract with the Houston Rockets.
  
• The Houston Rockets renounced their free agent exception rights to Charles Barkley.
  
• The Houston Rockets renounced their free agent exception rights to Carlos Rogers.
  

Jul 1, 2001

• Shandon Anderson, previously with the Houston Rockets, became a free agent.
  
• Matt Bullard, previously with the Houston Rockets, became a free agent.
  
• Sean Colson, previously with the Houston Rockets, became a free agent.
  
• Moochie Norris, previously with the Houston Rockets, became a free agent.
  
• Hakeem Olajuwon, previously with the Houston Rockets, became a free agent.
  
• Carlos Rogers, previously with the Houston Rockets, became a free agent.
  
• Mo Taylor, previously with the Houston Rockets, became a free agent.