NBA * Chicago Bulls -- Waived Oliver Taylor, guard, and Chris Munk, forward.
* LA Lakers -- Waived Demetrius Calip, guard, and Tony Farmer, forward.
* Sacramento Kings -- Released Ralph Sampson, center.
* League -- Reinstated Michael Holton, guard, for the 1991-92 season.
* Grand Rapids Hoops -- Signed Joe Faulkner, forward, and DeWayne Johns, guard.
* Lacrosse Catbirds -- Signed Adrian Boyd, Darryl Liberty and Tim Sanks, guards; Kenny Battle, Daren Hoges and Sean Poole, forwards; and Al Thomsen, center.