| | | Thursday, April 12th, 1962 | | Signed 3B Harmon Killebrew to a 1-year contract extension worth a total of $23,382. |
| Sunday, April 8th, 1962 | | Placed RF Pete Whisenant on the HBC Triple A 7-day disabled list. |
| Friday, April 6th, 1962 | | Purchased the contract of 1B Gail Harris from Triple A Raleigh. | | 2B Granny Hamner was designated for assignment and placed on waivers (from active). | | 2B Granny Hamner was removed from the 40-man roster. |
| Wednesday, March 21st, 1962 | | Activated MR Hal Griggs from the disabled list. |
| Tuesday, March 6th, 1962 | | Placed MR Hal Griggs on the 15-day disabled list. |
| Thursday, February 1st, 1962 | | Signed free agent LF Chuck Tanner to a 1-year contract worth a total of $18,300. | | Signed free agent SP Dave Sisler to a minor league contract. | | Purchased the contract of SP Dave Sisler from Single A Chula Vista. |
| Sunday, January 14th, 1962 | | Signed CL Dick Hyde to a 3-year contract extension worth a total of $191,700. | | Signed free agent CF Jim Piersall to a 1-year contract worth a total of $26,800. |
| Saturday, December 2nd, 1961 | | Signed free agent RF Paul Smith to a 2-year contract worth a total of $137,200. |
| Thursday, November 30th, 1961 | | Drafted MR Dick Radatz in the 1961 first-year player draft (Round 1, Pick 11, 11th overall pick). | | Drafted RF George Banks in the 1961 first-year player draft (Round 2, Pick 11, 35th overall pick). | | Drafted SS Elder White in the 1961 first-year player draft (Round 3, Pick 11, 57th overall pick). | | Drafted MR Tony Balsamo in the 1961 first-year player draft (Round 4, Pick 13, 82nd overall pick). | | Drafted MR Hal Kolstad in the 1961 first-year player draft (Round 5, Pick 15, 109th overall pick). | | Purchased the contract of MR Dick Radatz from Single A Chula Vista. | | Purchased the contract of MR Tony Balsamo from Single A Chula Vista. | | Promoted MR Hal Kolstad from Single A Chula Vista to Triple A Raleigh. | | Promoted RF George Banks from Single A Chula Vista to Triple A Raleigh. | | Promoted SS Elder White from Single A Chula Vista to Triple A Raleigh. |
| Friday, November 24th, 1961 | | Signed free agent MR Willard Schmidt to a 2-year contract worth a total of $31,800. |
| Sunday, November 12th, 1961 | | MR Ed Donnelly received a 1-year contract through automatic renewal worth a total of $14,763. | | SP Frank Baumann becomes a free-agent. | | SP Jim Perry received a 1-year contract through automatic renewal worth a total of $88,000. | | LF Whitey Herzog becomes a free-agent. | | C Clint Courtney becomes a free-agent. | | 2B Johnny Schaive received a 1-year contract through automatic renewal worth a total of $14,763. | | 1B Gail Harris becomes a free-agent. | | 1B Roy Sievers becomes a free-agent. | | MR Ken McBride received a 1-year contract through automatic renewal worth a total of $14,763. | | RF Jim Lemon becomes a free-agent. | | C Clay Dalrymple received a 1-year contract through automatic renewal worth a total of $14,763. |
| Thursday, November 9th, 1961 | | 2B Ossie Alvarez received a 1-year contract through arbitration worth a total of $22,145. | | SP Hal Griggs received a 1-year contract through arbitration worth a total of $24,120. | | 1B Gordy Coleman received a 1-year contract through arbitration worth a total of $65,000. |
| Sunday, November 5th, 1961 | | Signed free agent 2B Granny Hamner to a 2-year contract worth a total of $35,200. |
| Thursday, October 19th, 1961 | | 2B Pete Runnels has executed his last optional contract year. |
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