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

• August 15, 1957

  Sold player rights to George King to the Cincinnati Royals.

• October 10, 1957

  Acquired player rights to Larry Costello from the Philadelphia Warriors.

• December 28, 1957

  Sold player rights to Joe Holup to the Detroit Pistons.

• April 22, 1958

  Drafted Connie Dierking in the 1st round (6th pick) of the 1958 NBA Draft.

  Drafted Hal Greer in the 2nd round (14th pick) of the 1958 NBA Draft.

  Drafted John Nacincik in the 3rd round (22nd pick) of the 1958 NBA Draft.

  Drafted Tommy Kearns in the 4th round (30th pick) of the 1958 NBA Draft.

  Drafted Fred Grim in the 5th round (38th pick) of the 1958 NBA Draft.

  Drafted Jack Mimlitz in the 6th round (46th pick) of the 1958 NBA Draft.

  Drafted Pete Tillotson in the 7th round (54th pick) of the 1958 NBA Draft.

  Drafted Ruel Tucker in the 8th round (62nd pick) of the 1958 NBA Draft.

• June 10, 1958

  Traded Dick Farley and Earl Lloyd to the Detroit Pistons for cash.