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

• October 17, 1960

  Traded Ernie Beck and Woody Sauldsberry to the St. Louis Hawks for Ed Conlin and cash.

• March 23, 1961

  Neil Johnston resigns as Head Coach.

• March 27, 1961

  Drafted Tom Meschery in the 1st round (7th pick) of the 1961 NBA Draft.

  Drafted Ted Luckenbill in the 2nd round (20th pick) of the 1961 NBA Draft.

  Drafted Jack Egan in the 3rd round (29th pick) of the 1961 NBA Draft.

  Drafted John Tidwell in the 4th round (38th pick) of the 1961 NBA Draft.

  Drafted Bruce Spraggins in the 5th round (47th pick) of the 1961 NBA Draft.

  Drafted Dick Goldberg in the 6th round (56th pick) of the 1961 NBA Draft.

  Drafted Charles McNeil in the 7th round (65th pick) of the 1961 NBA Draft.

  Drafted Larry Swift in the 8th round (74th pick) of the 1961 NBA Draft.

  Drafted Leo Hill in the 10th round (89th pick) of the 1961 NBA Draft.

  Drafted Corky Withrow in the 11th round (97th pick) of the 1961 NBA Draft.

• April 26, 1961

  Lost Andy Johnson to the Chicago Packers in the NBA expansion draft.

• May 16, 1961

  Acquired player rights to Bob McNeill from the Chicago Packers.

• May 31, 1961

  Sold player rights to Vern Hatton to the Chicago Packers.