Transactions listed are from July 1, 1954 to June 30, 1955

• October 19, 1954

  Sold player rights to Paul Walther to the Fort Wayne Pistons.

• November 28, 1954

  Drafted Ken Murray from the Baltimore Bullets in the dispersal draft.

  Sold player rights to Gene Shue to the New York Knicks.

• January 12, 1955

  Acquired player rights to Paul Hoffman from the New York Knicks.

• February 15, 1955

  Signed Jackie Moore as a free agent.

• April 13, 1955

  Drafted Tom Gola in the 1st round (3rd pick) of the 1955 NBA Draft. Territorial pick

  Drafted Corky Devlin in the 2nd round (11th pick) of the 1955 NBA Draft.

  Drafted Bob Schafer in the 3rd round (19th pick) of the 1955 NBA Draft.

  Drafted Ed Wiener in the 4th round (27th pick) of the 1955 NBA Draft.

  Drafted Jack Devine in the 5th round (35th pick) of the 1955 NBA Draft.

  Drafted George Swyers in the 6th round (43rd pick) of the 1955 NBA Draft.

  Drafted Harry Silcox in the 7th round (51st pick) of the 1955 NBA Draft.

  Drafted Al Didriksen in the 8th round (59th pick) of the 1955 NBA Draft.

  Drafted Lester Lane in the 9th round (67th pick) of the 1955 NBA Draft.

  Drafted Jerry Koch in the 10th round (75th pick) of the 1955 NBA Draft.

• May 12, 1955

  Sold player rights to Zeke Zawoluk to the Rochester Royals.