Transactions listed are from July 1, 1955 to June 30, 1956

• January 27, 1956

  Joe Lapchick resigns as Head Coach.

• February 9, 1956

  Hired Vince Boryla as Head Coach.

• April 30, 1956

  Drafted Ron Shavlik in the 1st round (4th pick) of the 1956 NBA Draft.

  Drafted Gary Bergen in the 2nd round (12th pick) of the 1956 NBA Draft.

  Drafted Jerry Harper in the 3rd round (20th pick) of the 1956 NBA Draft.

  Drafted Ronnie Mayer in the 4th round (28th pick) of the 1956 NBA Draft.

  Drafted Joe Sexson in the 5th round (36th pick) of the 1956 NBA Draft.

  Drafted Pat Dunn in the 6th round (44th pick) of the 1956 NBA Draft.

  Drafted Jack Adams in the 7th round (52nd pick) of the 1956 NBA Draft.

  Drafted Art Bunte in the 8th round (60th pick) of the 1956 NBA Draft.

  Drafted Dick Miller in the 9th round (67th pick) of the 1956 NBA Draft.

  Drafted Howie Crittenden in the 10th round (74th pick) of the 1956 NBA Draft.

  Drafted Dick Miani in the 11th round (80th pick) of the 1956 NBA Draft.

  Drafted Ed Petrie in the 12th round (84th pick) of the 1956 NBA Draft.

  Drafted Toby Roybal in the 13th round (88th pick) of the 1956 NBA Draft.

  Traded Gene Shue to the Fort Wayne Pistons for Ron Sobie.