Transactions listed are from July 1, 1959 to June 30, 1960

• August 22, 1959

  Traded Johnny McCarthy to the St. Louis Hawks for Whitey Bell, Tom Hemans and Win Wilfong.

• January 31, 1960

  Traded Dave Piontek to the St. Louis Hawks for Dave Gambee and Hub Reed.

• April 11, 1960

  Drafted Oscar Robertson in the 1st round (1st pick) of the 1960 NBA Draft. Territorial pick

  Drafted Jay Arnette in the 2nd round (9th pick) of the 1960 NBA Draft.

  Drafted Ralph Davis in the 3rd round (17th pick) of the 1960 NBA Draft.

  Drafted Dalen Showalter in the 4th round (25th pick) of the 1960 NBA Draft.

  Drafted Don Ogorek in the 5th round (33rd pick) of the 1960 NBA Draft.

  Drafted Bobby Joe Mason in the 6th round (41st pick) of the 1960 NBA Draft.

  Drafted Frank Sobrero in the 7th round (49th pick) of the 1960 NBA Draft.

  Drafted Sam Stith in the 8th round (56th pick) of the 1960 NBA Draft.

  Drafted Al Nealey in the 9th round (63rd pick) of the 1960 NBA Draft.

  Drafted Lon Sizemore in the 10th round (70th pick) of the 1960 NBA Draft.

  Drafted Dennis Boone in the 11th round (75th pick) of the 1960 NBA Draft.

  Drafted Ron Altenberg in the 12th round (80th pick) of the 1960 NBA Draft.

  Drafted John Milhoan in the 13th round (85th pick) of the 1960 NBA Draft.

  Drafted Larry Chanay in the 14th round (89th pick) of the 1960 NBA Draft.

  Drafted Ducky Potter in the 15th round (91st pick) of the 1960 NBA Draft.

  Drafted Gene Jordan in the 16th round (93rd pick) of the 1960 NBA Draft.

  Drafted Ernie McCray in the 17th round (95th pick) of the 1960 NBA Draft.

  Drafted Don Mills in the 18th round (97th pick) of the 1960 NBA Draft.

  Drafted Larry Willey in the 19th round (99th pick) of the 1960 NBA Draft.

  Drafted Tony Wilcox in the 20th round (100th pick) of the 1960 NBA Draft.

  Drafted Jim McDonald in the 21st round (101st pick) of the 1960 NBA Draft.

• April 15, 1960

  Sold player rights to Dave Gambee to the St. Louis Hawks.

• April 25, 1960

  Fired Tom Marshall as Head Coach.

  Hired Charles Wolf as Head Coach.