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

• October 12, 1950

  Waived Ray Corley.

• November 29, 1950

  Sold player rights to Ed Bartels to the Baltimore Bullets.

• December 10, 1950

  Sold player rights to Belus Smawley to the Baltimore Bullets.

• December 13, 1950

  Traded Ed Peterson to the Tri-Cities Blackhawks for Noble Jorgensen and cash.

• January 9, 1951

  Drafted Fred Scolari from the Washington Capitols in the dispersal draft.

  Drafted Earl Lloyd from the Washington Capitols in the dispersal draft.

• February 12, 1951

  Sold player rights to Don Lofgran to the Indianapolis Olympians.

• April 25, 1951

  Drafted John McConathy in the 1st round (5th pick) of the 1951 NBA Draft.

  Drafted Don Savage in the 2nd round (15th pick) of the 1951 NBA Draft.

  Drafted Bato Govedarica in the 3rd round (25th pick) of the 1951 NBA Draft.

  Drafted Paul Horvath in the 4th round (35th pick) of the 1951 NBA Draft.

  Drafted Glen Anderson in the 5th round (45th pick) of the 1951 NBA Draft.

  Drafted Bob Wheeler in the 6th round (55th pick) of the 1951 NBA Draft.

  Drafted Roy Reardon in the 7th round (65th pick) of the 1951 NBA Draft.

  Drafted Tom Jockle in the 8th round (75th pick) of the 1951 NBA Draft.

  Drafted Ray Kirkwasser in the 9th round (81st pick) of the 1951 NBA Draft.