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| Sunday, February 18th , 1962 |
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| Fired Pitching Coach Willie Holden. |
| Pitching Coach Charlie Rule signed as Pitching Coach in Boston. |
| Signed Pitching Coach Charlie Rule to a 2-year, $20,100 per year contract. |
| Tuesday, January 2nd , 1962 |
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| LF Pat Adair was drafted by the Los Angeles Suns in the expansion draft. |
| RP Jerry Patton was drafted by the Los Angeles Suns in the expansion draft. |
| 1B Leon Wallace was drafted by the Minneapolis Millers in the expansion draft. |
| SP Steve Miller was drafted by the Dallas Wranglers in the expansion draft. |
| 2B Ray Harrison was drafted by the Los Angeles Suns in the expansion draft. |
| LF Stew Manning was drafted by the Minneapolis Millers in the expansion draft. |
| RP Jack Thomas was drafted by the Dallas Wranglers in the expansion draft. |
| 2B John McDonald was drafted by the Los Angeles Suns in the expansion draft. |
| CF Andy Nevill was drafted by the Los Angeles Suns in the expansion draft. |
| 1B John Williams was drafted by the Minneapolis Millers in the expansion draft. |
| SP Frank Nichols was drafted by the Minneapolis Millers in the expansion draft. |
| LF Mike Malone was drafted by the Dallas Wranglers in the expansion draft. |
| LF Bob Bloom was drafted by the New York Imperials in the expansion draft. |
| Purchased the contract of 2B Ned Adams from Triple A Columbus. |
| Purchased the contract of 3B Dolph Krapf from Triple A Columbus. |
| Assigned CL Carl Young to Class B Arlington. |
| Monday, January 1st , 1962 |
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| Assigned SP Elmer Parsons to Triple A Columbus. |
