Transactions listed are from July 1, 1957 to June 30, 1958

• January 19, 1958

  Traded Dave Plunkett to the Philadelphia Warriors for Walt Davis.

• February 16, 1958

  Traded Frank Selvy to the Minneapolis Lakers for Dick Boushka and Terry Rand.

• April 22, 1958

  Drafted Dave Gambee in the 1st round (7th pick) of the 1958 NBA Draft.

  Drafted Hub Reed in the 2nd round (15th pick) of the 1958 NBA Draft.

  Drafted Wayne Embry in the 3rd round (23rd pick) of the 1958 NBA Draft.

  Drafted Julius Pegues in the 4th round (31st pick) of the 1958 NBA Draft.

  Drafted Rick Herrscher in the 5th round (39th pick) of the 1958 NBA Draft.

  Drafted John Crawford in the 6th round (47th pick) of the 1958 NBA Draft.

  Drafted Ken Sidle in the 7th round (55th pick) of the 1958 NBA Draft.

  Drafted Bruno Boin in the 8th round (63rd pick) of the 1958 NBA Draft.

  Drafted Tink Van Patton in the 9th round (69th pick) of the 1958 NBA Draft.

  Drafted James Purcell in the 10th round (74th pick) of the 1958 NBA Draft.

  Drafted Don Klein in the 11th round (78th pick) of the 1958 NBA Draft.

  Drafted Joe Buckhalter in the 12th round (82nd pick) of the 1958 NBA Draft.

• April 30, 1958

  Alex Hannum resigns as Head Coach.

• May 24, 1958

  Hired Andy Phillip as Head Coach.