This is a list of all personnel changes for the 1953 NBA off-season and 1953–54 NBA season.

• The Milwaukee Hawks sold Mel Hutchins to the Fort Wayne Pistons.

• The Baltimore Bullets traded Jim Baechtold to the New York Knicks for Jim Luisi, Max Zaslofsky and Roy Belliveau.

• The Baltimore Bullets traded Don Barksdale to the Boston Celtics for Herm Hedderick, Mo Mahoney, cash, Jim Doherty and Vernon Stokes.

• The Rochester Royals released Red Holzman.

• The Milwaukee Hawks signed Red Holzman as a free agent.

• The Minneapolis Lakers sold Lew Hitch to the Milwaukee Hawks.

• The Milwaukee Hawks traded Bob Lavoy to the Syracuse Nationals for Noble Jorgensen.
• The Milwaukee Hawks signed Bob Peterson as a free agent.

• The Baltimore Bullets traded Max Zaslofsky to the Milwaukee Hawks for Bob Houbregs.

• The Milwaukee Hawks traded Jack Nichols to the Boston Celtics for Fred Eydt, J.C. Maze, John Azary, Paul Unruh and Tom Lillis.

• The Milwaukee Hawks traded Max Zaslofsky to the Fort Wayne Pistons for Chuck Share.
• The Milwaukee Hawks traded Lew Hitch to the Minneapolis Lakers for Bobby Watson.

• The Fort Wayne Pistons sold Fred Schaus to the New York Knicks.

• The Milwaukee Hawks signed Dick Surhoff as a free agent.

• The Minneapolis Lakers sold Bob Harrison to the Milwaukee Hawks.

• The Baltimore Bullets traded Leo Barnhorst to the Fort Wayne Pistons for cash.

• The Boston Celtics sold Chuck Cooper to the Milwaukee Hawks.

• ^a Number of years played in the NBA prior to the draft
• ^b Career with the franchise that drafted the player
• ^c Never played a game for the franchise

• NBA Transactions at NBA.com
• 1953-54 NBA Transactions| Basketball-Reference.com