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| Tuesday, January 2nd , 1962 |
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| SP Joe McDowell was drafted by the Minneapolis Millers in the expansion draft. |
| SP Ed Power was drafted by the Minneapolis Millers in the expansion draft. |
| RP Don Honeycutt was drafted by the Los Angeles Suns in the expansion draft. |
| SP Sid Moulton was drafted by the Dallas Wranglers in the expansion draft. |
| CF Bud Haussler was drafted by the Dallas Wranglers in the expansion draft. |
| 2B Ed Tilton was drafted by the New York Imperials in the expansion draft. |
| SP Eddie Scarbrough was drafted by the Los Angeles Suns in the expansion draft. |
| 1B John Willis was drafted by the New York Imperials in the expansion draft. |
| 1B Don Smith was drafted by the New York Imperials in the expansion draft. |
| SP Don Hillshire was drafted by the Minneapolis Millers in the expansion draft. |
| 3B Roy Snedden was drafted by the Dallas Wranglers in the expansion draft. |
| RP Alex Vaughan was drafted by the New York Imperials in the expansion draft. |
| LF Chet Hammond was drafted by the Dallas Wranglers in the expansion draft. |
| Purchased the contract of RP Paul Bunning from Triple A St. Paul. |
| Purchased the contract of RP Pepper Swanson from Triple A St. Paul. |
| Purchased the contract of SS Harry Woodruff from Double A Birmingham. |
| Monday, January 1st , 1962 |
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| Recalled SP Stan Davis from Double A Birmingham. |
| Recalled LF Harry Simpson from Triple A St. Paul. |
