Transactions listed are from July 1, 1956 to June 30, 1957

• August 31, 1956

  Andy Phillip claimed on waivers by the Boston Celtics.

• October 3, 1956

  Acquired player rights to Billy Kenville from the Syracuse Nationals.

• October 23, 1956

  Acquired player rights to Red Rocha from the Syracuse Nationals.

• November 15, 1956

  Odie Spears claimed on waivers by the St. Louis Hawks.

• December 12, 1956

  Released Alex Hannum.

• April 3, 1957

  Traded Mel Hutchins and Charlie Tyra to the New York Knicks for Dick Atha, Nat Clifton and Harry Gallatin.

  Traded a 1958 1st round draft pick (Mike Farmer was later selected) to the New York Knicks for Dick McGuire.

• April 17, 1957

  Drafted Charlie Tyra in the 1st round (2nd pick) of the 1957 NBA Draft.

  Drafted Bob McCoy in the 2nd round (10th pick) of the 1957 NBA Draft.

  Drafted Bill Ebben in the 3rd round (18th pick) of the 1957 NBA Draft.

  Drafted Kurt Engelbert in the 4th round (26th pick) of the 1957 NBA Draft.

  Drafted Ron Kramer in the 5th round (34th pick) of the 1957 NBA Draft.

  Drafted Walt Adamushko in the 6th round (42nd pick) of the 1957 NBA Draft.

  Drafted Carl Boldt in the 7th round (50th pick) of the 1957 NBA Draft.

  Drafted Doug Bolstorff in the 8th round (57th pick) of the 1957 NBA Draft.

  Drafted Bob Lazor in the 9th round (64th pick) of the 1957 NBA Draft.

• May 14, 1957

  Traded Corky Devlin to the Minneapolis Lakers for Ed Kalafat.