Transactions listed are from July 1, 1960 to June 30, 1961

• September 21, 1960

  Sold player rights to Cal Ramsey to the Syracuse Nationals.

• November 14, 1960

  Sold player rights to Mike Farmer to the Cincinnati Royals.

• December 17, 1960

  Acquired player rights to Phil Rollins from the St. Louis Hawks.

• January 18, 1961

  Acquired player rights to Phil Jordon from the Cincinnati Royals.

• March 27, 1961

  Drafted Tom Stith in the 1st round (2nd pick) of the 1961 NBA Draft.

  Drafted Whitey Martin in the 2nd round (15th pick) of the 1961 NBA Draft.

  Drafted Tony Jackson in the 3rd round (24th pick) of the 1961 NBA Draft.

  Drafted George Blaney in the 4th round (33rd pick) of the 1961 NBA Draft.

  Drafted Bill Smith in the 5th round (42nd pick) of the 1961 NBA Draft.

  Drafted Cleveland Buckner in the 6th round (51st pick) of the 1961 NBA Draft.

  Drafted Donnie Butcher in the 7th round (60th pick) of the 1961 NBA Draft.

  Drafted Cedric Price in the 8th round (69th pick) of the 1961 NBA Draft.

  Drafted Charlie Bowerman in the 9th round (77th pick) of the 1961 NBA Draft.

  Drafted Ron Dibelius in the 10th round (84th pick) of the 1961 NBA Draft.

  Drafted Kevin Loughery in the 11th round (92nd pick) of the 1961 NBA Draft.

  Drafted Earl Shultz in the 12th round (99th pick) of the 1961 NBA Draft.

  Drafted Ned Jennings in the 13th round (102nd pick) of the 1961 NBA Draft.

  Drafted Bill Engesser in the 14th round (105th pick) of the 1961 NBA Draft.

  Drafted Vince Kempton in the 15th round (107th pick) of the 1961 NBA Draft.

• April 26, 1961

  Lost Dave Budd to the Chicago Packers in the NBA expansion draft.

• May 8, 1961

  Fired Carl Braun as Head Coach.

  Hired Eddie Donovan as Head Coach.

  Waived Carl Braun.

• May 16, 1961

  Acquired player rights to Sam Stith from the Cincinnati Royals.

  Sold player rights to Sam Stith to the Cincinnati Royals.

  Traded Bob McNeill and Charlie Tyra to the Chicago Packers for Dave Budd.