| | | Tuesday, April 17th, 1962 | | 1B Earl Torgeson was designated for assignment and placed on waivers (from active). | | 1B Earl Torgeson was removed from the 40-man roster. |
| Thursday, February 1st, 1962 | | Signed free agent SS Gene Freese to a 1-year contract worth a total of $35,200. |
| Saturday, January 6th, 1962 | | Signed free agent C Carl Sawatski to a 1-year contract worth a total of $40,800. |
| Saturday, December 16th, 1961 | | Signed free agent MR Bud Daley to a 2-year contract worth a total of $90,800. | | Signed free agent MR Tom Morgan to a 3-year contract worth a total of $92,700. |
| Thursday, November 30th, 1961 | | Drafted 3B Ed Charles in the 1961 first-year player draft (Round 1, Pick 5, 5th overall pick). | | Drafted LF Manny Jimenez in the 1961 first-year player draft (Round 1, Pick 6, 6th overall pick). | | Drafted LF Ted Savage in the 1961 first-year player draft (Supplemental Round 1, Pick 2, 24th overall pick). | | Drafted LF Don Lock in the 1961 first-year player draft (Round 2, Pick 5, 29th overall pick). | | Drafted MR Ron Taylor in the 1961 first-year player draft (Round 2, Pick 6, 30th overall pick). | | Drafted RF Larry Elliot in the 1961 first-year player draft (Round 3, Pick 6, 52nd overall pick). | | Drafted LF Ken McMullen in the 1961 first-year player draft (Round 3, Pick 7, 53rd overall pick). | | Drafted MR Bob Humphreys in the 1961 first-year player draft (Round 4, Pick 7, 76th overall pick). | | Drafted C Bob Uecker in the 1961 first-year player draft (Round 4, Pick 8, 77th overall pick). | | Drafted MR Pete Smith in the 1961 first-year player draft (Round 5, Pick 6, 100th overall pick). | | Drafted C Nate Smith in the 1961 first-year player draft (Round 5, Pick 8, 102nd overall pick). | | Purchased the contract of C Bob Uecker from Single A Birmingham. | | Purchased the contract of 3B Ed Charles from Single A Birmingham. | | Purchased the contract of LF Manny Jimenez from Single A Birmingham. | | Purchased the contract of LF Ted Savage from Single A Birmingham. | | Promoted MR Ron Taylor from Single A Birmingham to Triple A Toledo. | | Promoted LF Don Lock from Single A Birmingham to Triple A Toledo. | | Promoted MR Bob Humphreys from Single A Birmingham to Double A Anaheim. | | Promoted MR Pete Smith from Single A Birmingham to Double A Anaheim. |
| Monday, November 20th, 1961 | | Signed free agent LF Gene Stephens to a 2-year contract worth a total of $33,800. |
| Sunday, November 12th, 1961 | | MR Bill Short received a 1-year contract through automatic renewal worth a total of $14,763. | | SP Harvey Haddix becomes a free-agent. | | CF Marty Keough becomes a free-agent. | | MR Leo Kiely becomes a free-agent. | | SS Billy Klaus becomes a free-agent. | | CL Tom Borland received a 1-year contract through automatic renewal worth a total of $14,763. | | 3B Frank Malzone becomes a free-agent. | | CF Tommy Davis received a 1-year contract through automatic renewal worth a total of $14,763. | | 1B Zoilo Versalles received a 1-year contract through automatic renewal worth a total of $14,763. | | MR Al Schroll received a 1-year contract through automatic renewal worth a total of $14,763. | | RF Buddy Gilbert received a 1-year contract through automatic renewal worth a total of $14,763. | | SP Dave Sisler becomes a free-agent. | | SP Chuck Estrada received a 1-year contract through automatic renewal worth a total of $14,763. |
| Thursday, November 9th, 1961 | | 2B Ken Aspromonte received a 1-year contract through arbitration worth a total of $26,460. | | MR Walt Craddock received a 1-year contract through arbitration worth a total of $22,145. | | SS Don Buddin received a 1-year contract through arbitration worth a total of $30,240. | | MR Bob Smith received a 1-year contract through arbitration worth a total of $22,145. | | MR Taylor Phillips received a 1-year contract through arbitration worth a total of $22,145. | | 2B Jim Baxes received a 1-year contract through arbitration worth a total of $55,000. | | MR Ted Bowsfield received a 1-year contract through arbitration worth a total of $22,145. | | CL Murray Wall received a 1-year contract through arbitration worth a total of $22,145. |
| Saturday, November 4th, 1961 | | Signed free agent CF Al Pilarcik to a 1-year contract worth a total of $16,900. |
| Thursday, November 2nd, 1961 | | Signed free agent 1B Earl Torgeson to a 2-year contract worth a total of $37,600. |
| Friday, October 20th, 1961 | | Purchased the contract of MR Jerry Casale from Triple A Toledo. |
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