Transactions listed are from July 1, 1953 to June 30, 1954

• April 24, 1954

  Drafted Gene Shue in the 1st round (3rd pick) of the 1954 NBA Draft.

  Drafted Larry Costello in the 2nd round (12th pick) of the 1954 NBA Draft.

  Drafted Ben Peters in the 3rd round (21st pick) of the 1954 NBA Draft.

  Drafted Chuck Noble in the 4th round (30th pick) of the 1954 NBA Draft.

  Drafted Rudy D'Emilio in the 5th round (39th pick) of the 1954 NBA Draft.

  Drafted Len Winogard in the 6th round (48th pick) of the 1954 NBA Draft.

  Drafted Bob Brady in the 7th round (57th pick) of the 1954 NBA Draft.

  Drafted Bob Hodges in the 8th round (66th pick) of the 1954 NBA Draft.

  Drafted Vince Leta in the 9th round (75th pick) of the 1954 NBA Draft.

  Drafted Bill Sullivan in the 10th round (83rd pick) of the 1954 NBA Draft.

  Drafted Frank O'Hara in the 11th round (92nd pick) of the 1954 NBA Draft.

  Drafted John Glinski in the 12th round (98th pick) of the 1954 NBA Draft.

  Drafted John Holup in the 13th round (100th pick) of the 1954 NBA Draft.