Transactions listed are from July 1, 1947 to June 30, 1948

• July 27, 1947

  Drafted Nick Shaback from the Cleveland Rebels in the dispersal draft.

  Drafted Bob Mullens from the Toronto Huskies in the dispersal draft.

  Drafted Roy Hurley from the Toronto Huskies in the dispersal draft.

  Drafted Red Wallace from the Toronto Huskies in the dispersal draft.

• November 22, 1947

  Sold player rights to Buddy O'Grady to the St. Louis Bombers.

• May 5, 1948

  Traded John Mahnken to the Baltimore Bullets for Kleggie Hermsen.

• May 10, 1948

  Drafted Fred Bartell in the 3rd round (?? pick) of the 1948 BAA Draft.

  Drafted Ed Hughes in the 4th round (?? pick) of the 1948 BAA Draft.

  Drafted Thornton Jenkins in the 6th round (?? pick) of the 1948 BAA Draft.

  Drafted Leo Katkaveck in the 5th round (?? pick) of the 1948 BAA Draft.

  Drafted C.T. Parker in the 7th round (?? pick) of the 1948 BAA Draft.

  Drafted Jack Parkinson in the 2nd round (?? pick) of the 1948 BAA Draft.

  Drafted Don Walker in the 8th round (?? pick) of the 1948 BAA Draft.

  Drafted Al Williams in the 9th round (?? pick) of the 1948 BAA Draft.

  Drafted Jack Nichols in the 1st round (12th pick) of the 1948 BAA Draft.

• May 19, 1948

  Traded Irv Torgoff to the Baltimore Bullets for Dick Schulz.