Transactions listed are from July 1, 1957 to June 30, 1958

• December 10, 1957

  Sold player rights to Phil Jordon to the Detroit Pistons.

• February 5, 1958

  Traded Bo Erias and cash to the Minneapolis Lakers for Art Spoelstra.

• April 5, 1958

  Vince Boryla resigns as Head Coach.

• April 8, 1958

  Hired Andrew Levane as Head Coach.

• April 22, 1958

  Drafted Mike Farmer in the 1st round (3rd pick) of the 1958 NBA Draft.

  Drafted Pete Brennan in the 1st round (4th pick) of the 1958 NBA Draft.

  Drafted Joe Quigg in the 2nd round (12th pick) of the 1958 NBA Draft.

  Drafted John Lee in the 3rd round (20th pick) of the 1958 NBA Draft.

  Drafted John Cox in the 4th round (28th pick) of the 1958 NBA Draft.

  Drafted Don Lane in the 5th round (36th pick) of the 1958 NBA Draft.

  Drafted Joe King in the 6th round (44th pick) of the 1958 NBA Draft.

  Drafted Owen Lawson in the 7th round (52nd pick) of the 1958 NBA Draft.

  Drafted Milt Kane in the 8th round (60th pick) of the 1958 NBA Draft.

  Drafted John McCarthy in the 9th round (67th pick) of the 1958 NBA Draft.