Transactions listed are from July 1, 1949 to June 30, 1950

• August 3, 1949

  Hired Al Cervi as Head Coach.

• September 3, 1949

  Signed Andrew Levane as a free agent.

• April 25, 1950

  Drafted Belus Smawley from the St. Louis Bombers in the dispersal draft.

  Drafted Don Lofgran in the 1st round (12th pick) of the 1950 NBA Draft.

  Drafted Gerry Calabrese in the 2nd round (24th pick) of the 1950 NBA Draft.

  Drafted Stan Christie in the 3rd round (36th pick) of the 1950 NBA Draft.

  Drafted Paul Merchant in the 4th round (48th pick) of the 1950 NBA Draft.

  Drafted Paul Hickey in the 5th round (60th pick) of the 1950 NBA Draft.

  Drafted Mack Suprunowicz in the 6th round (72nd pick) of the 1950 NBA Draft.

  Drafted Lou Arko in the 7th round (84th pick) of the 1950 NBA Draft.

  Drafted Bob Healey in the 8th round (96th pick) of the 1950 NBA Draft.

  Drafted Bob Savage in the 9th round (108th pick) of the 1950 NBA Draft.

  Drafted Glenn Wilkes in the 10th round (118th pick) of the 1950 NBA Draft.