Transactions listed are from July 1, 1964 to June 30, 1965

• October 17, 1964

  Sold player rights to Al Butler to the Baltimore Bullets.

• October 18, 1964

  Traded Bill McGill to the St. Louis Hawks for a 1965 2nd round draft pick (Hal Blevins was later selected).

• January 3, 1965

  Hired Harry Gallatin as Head Coach.

  Reassigned Head Coach Eddie Donovan.

• February 14, 1965

  Signed Barry Kramer as a free agent.

• May 6, 1965

  Drafted Bill Bradley in the 1st round (2nd pick) of the 1965 NBA Draft. Territorial pick

  Drafted Dave Stallworth in the 1st round (5th pick) of the 1965 NBA Draft.

  Drafted Dick Van Arsdale in the 2nd round (13th pick) of the 1965 NBA Draft.

  Drafted Hal Blevins in the 2nd round (17th pick) of the 1965 NBA Draft.

  Drafted Barry Clemens in the 3rd round (22nd pick) of the 1965 NBA Draft.

  Drafted Larry Lembo in the 4th round (31st pick) of the 1965 NBA Draft.

  Drafted Steve Nisenson in the 5th round (40th pick) of the 1965 NBA Draft.

  Drafted Warren Davis in the 6th round (49th pick) of the 1965 NBA Draft.

  Drafted Dale Neel in the 7th round (58th pick) of the 1965 NBA Draft.

  Drafted Frank Granat in the 8th round (66th pick) of the 1965 NBA Draft.

  Drafted Jay Neary in the 9th round (72nd pick) of the 1965 NBA Draft.

  Drafted Wayne Molis in the 10th round (78th pick) of the 1965 NBA Draft.

  Drafted Bill Meyer in the 11th round (84th pick) of the 1965 NBA Draft.

  Drafted Bob Trupin in the 12th round (90th pick) of the 1965 NBA Draft.

  Drafted Dennis McGovern in the 13th round (95th pick) of the 1965 NBA Draft.