Transactions listed are from July 1, 1948 to June 30, 1949

• October 13, 1948

  Sold player rights to Stan Stutz to the Boston Celtics.

• October 25, 1948

  Acquired player rights to Irv Rothenberg from the St. Louis Bombers.

• January 26, 1949

  Traded Tommy Byrnes and cash to the Indianapolis Jets for Ray Lumpp.

• February 11, 1949

  Traded Sid Tanenbaum to the Baltimore Bullets for Connie Simmons. Simmons was sent as the player to be named later in July 1949.

• March 21, 1949

  Drafted Harry Donovan in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Ernie Vandeweghe in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Bill Kleine in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Don Bagley in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Bob Prewitt in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Ken Kearns in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Bill Litchfield in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Dick McGuire in the 1st round (8th pick) of the 1949 BAA Draft. Territorial pick

  Drafted Harry Gallatin in the 2nd round (20th pick) of the 1949 BAA Draft.

• May ?, 1949

  Acquired player rights to Tommy Byrnes from the Indianapolis Jets.