Transactions listed are from July 1, 1948 to June 30, 1949

• December 2, 1948

  Johnny Ezersky claimed on waivers by the Baltimore Bullets.

• January ?, 1949

  Released Earl Shannon.

  Acquired player rights to Giff Roux from the St. Louis Bombers.

• January 16, 1949

  Traded George Nostrand to the Boston Celtics for Chick Halbert and Mel Riebe.

• February 7, 1949

  Traded Otto Schnellbacher to the St. Louis Bombers for Buddy O'Grady.

• March 21, 1949

  Drafted Carl Shaeffer in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Ed Leede in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Warren Perkins in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Ray Corley in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Hans Tanzler in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Bob Royer in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Jack Theolan in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Howie Shannon in the 1st round (1st pick) of the 1949 BAA Draft.

  Drafted Paul Courty in the 2nd round (13th pick) of the 1949 BAA Draft.