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

• August 2, 1961

  Hired Frank McGuire as Head Coach.

• August 19, 1961

  Traded Joe Graboski to the St. Louis Hawks for Bob McDonald, Frank Radovich and cash.

• November 29, 1961

  Acquired player rights to Vern Hatton from the Chicago Packers.

• November 30, 1961

  Signed York Larese as a free agent.

  Sold player rights to Vern Hatton to the St. Louis Hawks.

• December ?, 1961

  Sold player rights to Bob McNeill to the Los Angeles Lakers.

• March 26, 1962

  Drafted Wayne Hightower in the 1st round (7th pick) of the 1962 NBA Draft.

  Drafted Hubie White in the 2nd round (16th pick) of the 1962 NBA Draft.

  Drafted Dave Fedor in the 3rd round (25th pick) of the 1962 NBA Draft.

  Drafted Garry Roggenburk in the 4th round (34th pick) of the 1962 NBA Draft.

  Drafted Jack Jackson in the 5th round (43rd pick) of the 1962 NBA Draft.

  Drafted Jim Hudock in the 6th round (52nd pick) of the 1962 NBA Draft.

  Drafted Howie Montgomery in the 7th round (61st pick) of the 1962 NBA Draft.

  Drafted Bill Kirvin in the 8th round (69th pick) of the 1962 NBA Draft.

  Drafted Tom Kieffer in the 9th round (78th pick) of the 1962 NBA Draft.

  Drafted Ken McComb in the 10th round (86th pick) of the 1962 NBA Draft.

  Drafted Donnie Walsh in the 11th round (91st pick) of the 1962 NBA Draft.

  Drafted Charles Warren in the 12th round (94th pick) of the 1962 NBA Draft.