Transactions listed are from July 1, 1960 to June 30, 1961

• November 14, 1960

  Acquired player rights to Mike Farmer from the New York Knicks.

• November 28, 1960

  Sold player rights to Phil Rollins to the St. Louis Hawks.

• January 18, 1961

  Sold player rights to Phil Jordon to the New York Knicks.

• March 27, 1961

  Drafted Larry Siegfried in the 1st round (3rd pick) of the 1961 NBA Draft.

  Drafted Bob Wiesenhahn in the 2nd round (16th pick) of the 1961 NBA Draft.

  Drafted Bevo Nordmann in the 3rd round (25th pick) of the 1961 NBA Draft.

  Drafted Lowery Kirk in the 4th round (34th pick) of the 1961 NBA Draft.

  Drafted Rossie Johnson in the 5th round (43rd pick) of the 1961 NBA Draft.

  Drafted Bob Slobodnik in the 6th round (52nd pick) of the 1961 NBA Draft.

  Drafted Dave Zeller in the 7th round (61st pick) of the 1961 NBA Draft.

  Drafted Gerry Thelen in the 8th round (70th pick) of the 1961 NBA Draft.

  Drafted Larry Kruger in the 9th round (78th pick) of the 1961 NBA Draft.

  Drafted Jack Waters in the 10th round (85th pick) of the 1961 NBA Draft.

  Drafted Carl Short in the 11th round (93rd pick) of the 1961 NBA Draft.

  Drafted George Patterson in the 12th round (100th pick) of the 1961 NBA Draft.

  Drafted Clair McRoberts in the 13th round (103rd pick) of the 1961 NBA Draft.

  Drafted Carl Bouldin in the 14th round (106th pick) of the 1961 NBA Draft.

• April 26, 1961

  Lost Ralph Davis to the Chicago Packers in the NBA expansion draft.

• May 16, 1961

  Sold player rights to Sam Stith to the New York Knicks.

  Acquired player rights to Sam Stith from the New York Knicks.

• June 25, 1961

  Traded a future draft pick to the St. Louis Hawks for Joe Buckhalter.