Transactions listed are from July 1, 1954 to June 30, 1955

• October 16, 1954

  Traded Bob Harris to the Fort Wayne Pistons for Fred Scolari.

• November 28, 1954

  Drafted Eddie Miller from the Baltimore Bullets in the dispersal draft.

  Drafted Bob Houbregs from the Baltimore Bullets in the dispersal draft.

• December 8, 1954

  Bob Houbregs claimed on waivers by the Fort Wayne Pistons.

• April 13, 1955

  Drafted Jim Loscutoff in the 1st round (4th pick) of the 1955 NBA Draft.

  Drafted Dick Hemric in the 2nd round (12th pick) of the 1955 NBA Draft.

  Drafted Buzz Wilkinson in the 3rd round (20th pick) of the 1955 NBA Draft.

  Drafted Bart Leach in the 4th round (28th pick) of the 1955 NBA Draft.

  Drafted Bob Patterson in the 5th round (36th pick) of the 1955 NBA Draft.

  Drafted John Mahoney in the 6th round (44th pick) of the 1955 NBA Draft.

  Drafted John Moore in the 7th round (52nd pick) of the 1955 NBA Draft.

  Drafted Dean Parsons in the 8th round (60th pick) of the 1955 NBA Draft.

  Drafted Nick Romanoff in the 9th round (68th pick) of the 1955 NBA Draft.

  Drafted Jim Ahearn in the 10th round (76th pick) of the 1955 NBA Draft.

  Drafted Carl Hartman in the 11th round (83rd pick) of the 1955 NBA Draft.

  Drafted Mark Davis in the 12th round (90th pick) of the 1955 NBA Draft.

  Drafted Henry Dooley in the 13th round (94th pick) of the 1955 NBA Draft.

  Drafted Bob Scudellari in the 14th round (95th pick) of the 1955 NBA Draft.