Transactions listed are from July 1, 1956 to June 30, 1957

• October 3, 1956

  Sold player rights to Billy Kenville to the Fort Wayne Pistons.

• October 23, 1956

  Sold player rights to Red Rocha to the Fort Wayne Pistons.

• October 24, 1956

  Acquired player rights to Al Bianchi from the Minneapolis Lakers.

• November 15, 1956

  Signed Bob Schafer as a free agent.

  Signed Larry Hennessy as a free agent.

• December 2, 1956

  Acquired player rights to Bob Harrison from the St. Louis Hawks.

• December 29, 1956

  Acquired player rights to Togo Palazzi from the Boston Celtics.

• April 17, 1957

  Drafted George Bon Salle in the 1st round (7th pick) of the 1957 NBA Draft.

  Drafted Jim Morgan in the 2nd round (15th pick) of the 1957 NBA Draft.

  Drafted Vince Cohen in the 3rd round (23rd pick) of the 1957 NBA Draft.

  Drafted Jerry Mallett in the 4th round (31st pick) of the 1957 NBA Draft.

  Drafted Frank Nimmo in the 5th round (39th pick) of the 1957 NBA Draft.

  Drafted Lyndon Lee in the 6th round (47th pick) of the 1957 NBA Draft.

  Drafted Dick Gaines in the 7th round (54th pick) of the 1957 NBA Draft.

  Drafted Cebe Price in the 8th round (61st pick) of the 1957 NBA Draft.

  Drafted Jim Brown in the 9th round (68th pick) of the 1957 NBA Draft.

  Drafted Jack Nichols in the 10th round (74th pick) of the 1957 NBA Draft.

  Drafted Jim Weeks in the 12th round (82nd pick) of the 1957 NBA Draft.