Transactions listed are from July 1, 1953 to June 30, 1954

• August 27, 1953

  Traded Jim Doherty, Herm Hedderick, Mo Mahoney, Vernon Stokes and cash to the Baltimore Bullets for Don Barksdale.

• October 7, 1953

  Signed Ed Mikan as a free agent.

• November 29, 1953

  Traded John Azary, Fred Eydt, Tom Lillis, J.C. Maze and Paul Unruh to the Milwaukee Hawks for Jack Nichols.

• April 24, 1954

  Drafted Togo Palazzi in the 1st round (5th pick) of the 1954 NBA Draft.

  Drafted Red Morrison in the 2nd round (14th pick) of the 1954 NBA Draft.

  Drafted Henry Daubenschmidt in the 3rd round (23rd pick) of the 1954 NBA Draft.

  Drafted Ron Perry in the 4th round (32nd pick) of the 1954 NBA Draft.

  Drafted Troy Burrus in the 5th round (41st pick) of the 1954 NBA Draft.

  Drafted Otto Kriegshauser in the 6th round (50th pick) of the 1954 NBA Draft.

  Drafted Dick Estergaard in the 7th round (59th pick) of the 1954 NBA Draft.

  Drafted Jim Young in the 8th round (68th pick) of the 1954 NBA Draft.

  Drafted Tony Daukas in the 10th round (85th pick) of the 1954 NBA Draft.

  Drafted Bill Johnson in the 11th round (94th pick) of the 1954 NBA Draft.

• May 28, 1954

  Sold player rights to Chuck Cooper to the Milwaukee Hawks.