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

• October 25, 1948

  Sold player rights to Irv Rothenberg to the New York Knicks.

• December 15, 1948

  Acquired player rights to Bob O'Brien from the Philadelphia Warriors.

• January ?, 1949

  Sold player rights to Giff Roux to the Providence Steam Rollers.

• February 4, 1949

  Acquired player rights to Bill Miller from the Chicago Stags.

• February 7, 1949

  Traded Buddy O'Grady to the Providence Steam Rollers for Otto Schnellbacher.

• February 11, 1949

  Released Don Martin.

• March 21, 1949

  Drafted Marv Schatzman in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Preston Ward in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Earl Dodd in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Dave Davidson in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted John Pritchard in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Claude Retherford in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Cliff Crandall in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Eddie Van Zant in the ?? round (?? pick) of the 1949 BAA Draft.

  Drafted Ed Macauley in the 1st round (5th pick) of the 1949 BAA Draft. Territorial pick

  Drafted Johnny Orr in the 2nd round (17th pick) of the 1949 BAA Draft.