Transactions listed are from July 1, 1961 to June 30, 1962

• December ?, 1961

  Sold player rights to Bob Sims to the St. Louis Hawks.

  Acquired player rights to Bob McNeill from the Philadelphia Warriors.

• March 26, 1962

  Drafted Leroy Ellis in the 1st round (8th pick) of the 1962 NBA Draft.

  Drafted Gene Wiley in the 2nd round (17th pick) of the 1962 NBA Draft.

  Drafted John Green in the 3rd round (26th pick) of the 1962 NBA Draft.

  Drafted Jan Loudermilk in the 4th round (35th pick) of the 1962 NBA Draft.

  Drafted Art Whisnant in the 5th round (44th pick) of the 1962 NBA Draft.

  Drafted Bucky Keller in the 6th round (53rd pick) of the 1962 NBA Draft.

  Drafted Bill Garner in the 8th round (70th pick) of the 1962 NBA Draft.

  Drafted Bill Mattson in the 9th round (79th pick) of the 1962 NBA Draft.