Boston sold Mike Bloom's player rights to the Minneapolis Lakers on August 30, 1948 for cash. The reviewed transaction logs agree on the date and rights transfer, but they do not preserve the sale amount. Bloom gave Minneapolis 24 games in 1948-49, scoring 55 points and averaging 2.3 points per game before the Lakers released him in December. He later finished the season with the Chicago Stags. Boston gets the historical edge because it converted a player it was moving on from into cash, while Minneapolis received only a brief reserve stint from the acquired rights.
On August 30, 1948, the Boston Celtics sold Mike Bloom's player rights to the Minneapolis Lakers for cash. Basketball-Reference lists the transaction on the Boston, Minneapolis and league transaction pages, and Walter Brown's executive ledger records the same rights sale. The amount of cash is not preserved in the reviewed public records, so the transaction can be evaluated only from the documented player outcome and Boston's decision to monetize the rights.
Bloom's Lakers tenure was brief. He appeared in 24 games during the 1948-49 BAA season, scored 55 points and averaged 2.3 points per game. Basketball-Reference credits him with 15 assists and a .141 field-goal percentage during that stint. Minneapolis released him in December, and he later joined the Chicago Stags, where he played 21 additional games. The Lakers went on to win the BAA championship behind George Mikan and a deep roster, so Bloom was not central to the title run.
Boston's return was cash with no surviving public amount. That limitation prevents a precise financial comparison, but the Celtics did extract value from rights they were not using. Bloom had been productive in a 14-game Boston stint, yet the club chose not to keep him for the next season. Because Minneapolis received only 24 low-usage games before releasing him, Boston did not give away a player who became materially more valuable for the buyer.
The outcome favors Boston primarily because the Lakers' basketball return was so small. Bloom's 24 games produced 55 total points, and his Minneapolis tenure ended before midseason. The Celtics' cash receipt cannot be quantified, so this is not a transaction where Boston's exact gain can be measured. It is still reasonable to credit the seller for turning expendable rights into consideration when the buyer did not realize meaningful long-term player value.
Celtics Win — Boston B+, Minneapolis C+. Boston sold Mike Bloom's player rights to the Minneapolis Lakers on August 30, 1948 for cash. The reviewed transaction logs agree on the date and rights transfer, but they do not preserve the sale amount. Bloom gave Minneapolis 24 games in 1948-49, scoring 55 points and averaging 2.3 points per game before the Lakers released him in December. He later finished the season with the Chicago Stags.