Transactions listed are from July 1, 1950 to June 30, 1951

• August ?, 1950

  Signed Billy Hassett as a free agent.

• October ?, 1950

  Signed Ray Corley as a free agent.

• November 5, 1950

  Sold player rights to Harry Boykoff to the Boston Celtics.

• November 29, 1950

  Claimed Gene James on waivers from the New York Knicks.

  Acquired player rights to Don Otten from the Washington Capitols.

  Acquired player rights to Ed Bartels from the Syracuse Nationals.

• December 1, 1950

  Traded Dick Mehen to the Boston Celtics for Kenny Sailors and Brady Walker.

• December 4, 1950

  Signed Don Carlson as a free agent.

• December 8, 1950

  Sold player rights to Don Otten to the Fort Wayne Pistons.

• December 10, 1950

  Acquired player rights to Belus Smawley from the Syracuse Nationals.

• January 9, 1951

  Drafted Chick Halbert from the Washington Capitols in the dispersal draft.

• January 18, 1951

  Appointed Walt Budko as Interim Head Coach.

  Fired Buddy Jeannette as Head Coach.

• February 15, 1951

  Sold player rights to Ken Murray to the Fort Wayne Pistons.

• April 25, 1951

  Drafted Gene Melchiorre in the 1st round (1st pick) of the 1951 NBA Draft.

  Drafted Jack Stone in the 2nd round (11th pick) of the 1951 NBA Draft.

  Drafted Bill Mann in the 3rd round (21st pick) of the 1951 NBA Draft.

  Drafted Bill Hagler in the 4th round (31st pick) of the 1951 NBA Draft.

  Drafted Leroy Ishman in the 5th round (41st pick) of the 1951 NBA Draft.

  Drafted Glen Duggins in the 6th round (51st pick) of the 1951 NBA Draft.

  Drafted Tom Riach in the 7th round (61st pick) of the 1951 NBA Draft.

  Drafted Bill Harper in the 8th round (71st pick) of the 1951 NBA Draft.

  Drafted Bob Crowe in the 9th round (79th pick) of the 1951 NBA Draft.

  Drafted Dan Torrey in the 10th round (83rd pick) of the 1951 NBA Draft.

  Drafted Clem Pavilonis in the 11th round (86th pick) of the 1951 NBA Draft.

  Drafted John Burke in the 12th round (87th pick) of the 1951 NBA Draft.