Transactions listed are from July 1, 1958 to June 30, 1959

• December 16, 1958

  Claimed George Dempsey on waivers from the Philadelphia Warriors.

• February 13, 1959

  Traded Ed Conlin to the Detroit Pistons for George Yardley.

• March 31, 1959

  Drafted Dick Barnett in the 1st round (5th pick) of the 1959 NBA Draft.

  Drafted Gene Tormohlen in the 2nd round (13th pick) of the 1959 NBA Draft.

  Drafted Jon Cincebox in the 3rd round (21st pick) of the 1959 NBA Draft.

  Drafted Paul Neumann in the 4th round (29th pick) of the 1959 NBA Draft.

  Drafted Roger Taylor in the 5th round (37th pick) of the 1959 NBA Draft.

  Drafted Bob Dalton in the 6th round (45th pick) of the 1959 NBA Draft.

  Drafted Darnel Haney in the 7th round (53rd pick) of the 1959 NBA Draft.