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League Champion: Philadelphia Warriors
PPG Leader: Joe Fulks (23.2)APG Leader: Ernie Calverley (3.4)WS Leader: Bob Feerick (18.6)
Transactions listed are from July 1, 1946 to June
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December 2, 1946
The New York Knicks sold Jake Weber to the Providence Steam Rollers.
December 4, 1946
The Cleveland Rebels traded Kleggie Hermsen to the Toronto Huskies for George Nostrand.
December 12, 1946
The Boston Celtics traded Tony Kappen to the Pittsburgh Ironmen for Moe Becker.
December 16, 1946
The Cleveland Rebels traded Leo Mogus, Dick Schulz and cash to the Toronto Huskies for Ed Sadowski and Ray Wertis.
January 2, 1947
The Boston Celtics traded Red Wallace to the Toronto Huskies for Charlie Hoefer.
January 16, 1947
The New York Knicks sold Ralph Kaplowitz to the Philadelphia Warriors.
January 21, 1947
The New York Knicks traded Bob Mullens to the Toronto Huskies for Bob Fitzgerald.
January 26, 1947
The New York Knicks sold Hank Rosenstein to the Providence Steam Rollers.
The New York Knicks sold Nat Militzok to the Toronto Huskies.
April 29, 1947
The Boston Celtics traded Wyndol Gray to the St. Louis Bombers for Cecil Hankins.