Transactions listed are from July 1, 1955 to June 30, 1956

• October 26, 1955

  Acquired player rights to Arnie Risen from the Rochester Royals.

• April 30, 1956

  Drafted Tom Heinsohn in the 1st round (6th pick) of the 1956 NBA Draft. Territorial pick

  Drafted K.C. Jones in the 2nd round (14th pick) of the 1956 NBA Draft.

  Drafted George Linn in the 3rd round (22nd pick) of the 1956 NBA Draft.

  Drafted Dan Swartz in the 4th round (30th pick) of the 1956 NBA Draft.

  Drafted Bill Logan in the 5th round (38th pick) of the 1956 NBA Draft.

  Drafted Don Boldebuck in the 6th round (46th pick) of the 1956 NBA Draft.

  Drafted O'Neal Weaver in the 7th round (54th pick) of the 1956 NBA Draft.

  Drafted Vic Molodet in the 8th round (62nd pick) of the 1956 NBA Draft.

  Drafted Jim Houston in the 9th round (69th pick) of the 1956 NBA Draft.

  Drafted Theophilus Lloyd in the 10th round (76th pick) of the 1956 NBA Draft.

  Traded Cliff Hagan and Ed Macauley to the St. Louis Hawks for Bill Russell.