| Thursday, November 30th, 1961 |
| Drafted SP Joe Moeller in the 1961 first-year player draft (Round 1, Pick 21, 21st overall pick). |
| Drafted MR John Boozer in the 1961 first-year player draft (Round 2, Pick 21, 45th overall pick). |
| Drafted LF John Wojcik in the 1961 first-year player draft (Round 3, Pick 22, 68th overall pick). |
| Drafted MR Doug Gallagher in the 1961 first-year player draft (Round 4, Pick 24, 93rd overall pick). |
| Drafted CF Ron Davis in the 1961 first-year player draft (Round 5, Pick 28, 122nd overall pick). |
| Promoted SP Joe Moeller from Single A Greensboro to Triple A Saint Stephen. |
| Promoted MR Doug Gallagher from Single A Greensboro to Triple A Saint Stephen. |
| Promoted MR John Boozer from Single A Greensboro to Triple A Saint Stephen. |
| Promoted LF John Wojcik from Single A Greensboro to Double A Jersey City. |
| Sunday, November 12th, 1961 |
| CL Frank Funk received a 1-year contract through automatic renewal worth a total of $14,763. |
| SS Ruben Amaro received a 1-year contract through automatic renewal worth a total of $18,600. |
| MR Hal Reniff received a 1-year contract through automatic renewal worth a total of $14,763. |
| SP Steve Barber received a 1-year contract through automatic renewal worth a total of $14,763. |
| MR Marshall Bridges received a 1-year contract through automatic renewal worth a total of $14,763. |
| SS Jim Fregosi received a 1-year contract through automatic renewal worth a total of $14,763. |
| C Johnny Edwards received a 1-year contract through automatic renewal worth a total of $14,763. |
| Thursday, November 9th, 1961 |
| MR Don McMahon received a 1-year contract through arbitration worth a total of $22,145. |
| SP Juan Pizarro received a 1-year contract through arbitration worth a total of $55,000. |
| SP Carl Willey received a 1-year contract through arbitration worth a total of $22,145. |
| 2B Felix Mantilla received a 1-year contract through arbitration worth a total of $36,680. |
| 1B R.C. Stevens received a 1-year contract through arbitration worth a total of $25,900. |
