Transactions listed are from July 1, 1950 to June 30, 1951

• August 10, 1950

  Traded Ray Ellefson to the New York Knicks for Paul Noel.

• September 23, 1950

  Signed Odie Spears as a free agent.

• November 29, 1950

  Sold player rights to Ed Mikan to the Washington Capitols.

• April 25, 1951

  Drafted Sam Ranzino in the 1st round (8th pick) of the 1951 NBA Draft.

  Drafted Ray Ragelis in the 2nd round (18th pick) of the 1951 NBA Draft.

  Drafted Fred Diute in the 3rd round (28th pick) of the 1951 NBA Draft.

  Drafted Elmer Behnke in the 4th round (38th pick) of the 1951 NBA Draft.

  Drafted Dan Bagley in the 5th round (48th pick) of the 1951 NBA Draft.

  Drafted Jim Ove in the 6th round (58th pick) of the 1951 NBA Draft.

  Drafted Jack Brown in the 7th round (68th pick) of the 1951 NBA Draft.

  Drafted George Davidson in the 8th round (77th pick) of the 1951 NBA Draft.