Transactions listed are from July 1, 1947 to June 30, 1948

• July 27, 1947

  Drafted Dick Schulz from the Toronto Huskies in the dispersal draft.

  Drafted Leo Mogus from the Toronto Huskies in the dispersal draft.

  Drafted Press Maravich from the Pittsburgh Ironmen in the dispersal draft.

  Drafted Hank Lefkowitz from the Cleveland Rebels in the dispersal draft.

• October 14, 1947

  Acquired player rights to Jerry Rullo from the Philadelphia Warriors.

• December 9, 1947

  Signed John Abramovic as a free agent.

• January 20, 1948

  Traded Irv Rothenberg to the St. Louis Bombers for Grady Lewis.

• February 9, 1948

  Traded Mike Bloom to the Boston Celtics for Connie Simmons.

• May 5, 1948

  Traded Kleggie Hermsen to the Washington Capitols for John Mahnken.

• May 10, 1948

  Drafted Herb Krautblatt in the 6th round (?? pick) of the 1948 BAA Draft.

  Drafted Paul Marcincin in the 15th round (?? pick) of the 1948 BAA Draft.

  Drafted Wayne Jones in the 14th round (?? pick) of the 1948 BAA Draft.

  Drafted Dan Kraus in the 5th round (?? pick) of the 1948 BAA Draft.

  Drafted Joe Holland in the 2nd round (?? pick) of the 1948 BAA Draft.

  Drafted Vince Hansen in the 13th round (?? pick) of the 1948 BAA Draft.

  Drafted Marshall Gemberling in the 12th round (?? pick) of the 1948 BAA Draft.

  Drafted J. W. Fullerton in the 11th round (?? pick) of the 1948 BAA Draft.

  Drafted Gene Fellmeth in the 10th round (?? pick) of the 1948 BAA Draft.

  Drafted Marvin English in the 9th round (?? pick) of the 1948 BAA Draft.

  Drafted Jake Carter in the 4th round (?? pick) of the 1948 BAA Draft.

  Drafted Robert Carroll in the 8th round (?? pick) of the 1948 BAA Draft.

  Drafted Darrel Brown in the 3rd round (?? pick) of the 1948 BAA Draft.

  Drafted Jim Black in the 7th round (?? pick) of the 1948 BAA Draft.

  Drafted Walt Budko in the 1st round (6th pick) of the 1948 BAA Draft.

• May 13, 1948

  Sold player rights to Grady Lewis to the St. Louis Bombers.

• May 19, 1948

  Traded Dick Schulz to the Washington Capitols for Irv Torgoff.