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

• September 12, 1961

  Dick Garmaker retired.

• October 31, 1961

  Signed Doug Kistler as a free agent.

• December 10, 1961

  Waived Doug Kistler.

• December 11, 1961

  Acquired player rights to Al Butler from the Boston Celtics.

• March 26, 1962

  Drafted Paul Hogue in the 1st round (2nd pick) of the 1962 NBA Draft.

  Drafted John Rudometkin in the 2nd round (11th pick) of the 1962 NBA Draft.

  Drafted Bobby Rascoe in the 3rd round (20th pick) of the 1962 NBA Draft.

  Drafted Cliff Luyk in the 4th round (29th pick) of the 1962 NBA Draft.

  Drafted Bob Burgess in the 5th round (38th pick) of the 1962 NBA Draft.

  Drafted Ken Stanley in the 6th round (47th pick) of the 1962 NBA Draft.

  Drafted Richie Swartz in the 7th round (56th pick) of the 1962 NBA Draft.

  Drafted Warren Fouts in the 8th round (64th pick) of the 1962 NBA Draft.

  Drafted Paul Benec in the 9th round (73rd pick) of the 1962 NBA Draft.

  Drafted Ralph Richardson in the 10th round (82nd pick) of the 1962 NBA Draft.

  Drafted Ed Mazria in the 11th round (88th pick) of the 1962 NBA Draft.