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Transactions listed are from November 1 of previous year to April 1 of the following year.
October 3, 1939
Drafted Nick Strincevich from the New York Yankees in the 1939 rule 5 draft.
October 9, 1939
Milt Gray selected by Toronto (International) in the 1939 minor league draft.
November 28, 1939
Purchased Bob Loane from the Washington Senators.
December 5, 1939
Selected Bud Bates off waivers from the Philadelphia Phillies.
December 6, 1939
Traded Jim Turner to the Cincinnati Reds. Received Les Scarsella and cash.
Traded Johnny Lanning to the Pittsburgh Pirates. Received Jim Tobin and cash.
December 8, 1939
Traded Danny MacFayden to the Pittsburgh Pirates. Received Bill Swift and cash.
1940
Signed Frank McElyea as an amateur free agent.
January 23, 1940
Released Fred Frankhouse.
February 2, 1940
Signed Jim Hickey as a free agent.
February 13, 1940
Signed Catfish Metkovich as a free agent.
March 3, 1940
Sold Debs Garms to the Pittsburgh Pirates.
March 23, 1940
Sold Jimmy Outlaw to Buffalo (International).
March 26, 1940
Released Red Barkley.
March 28, 1940
Sold Bill Schuster to Seattle (PCL).
May 8, 1940 (Standings)
Sold Roy Weir to the Philadelphia Athletics.
May 15, 1940 (Standings)
Sold Bill Swift to the Chicago White Sox.
May 20, 1940 (Standings)
Sold Les Scarsella to Buffalo (International).
May 29, 1940 (Standings)
Purchased Gene Moore from the Brooklyn Dodgers.
June 4, 1940 (Standings)
Signed Warren Spahn as an amateur free agent.
June 14, 1940 (Standings)
Traded Al Lopez to the Pittsburgh Pirates. Received Ray Berres and $40,000.
June 15, 1940 (Standings)
Traded Tony Cuccinello to the New York Giants. Received Al Glossop and Manny Salvo.
June 18, 1940 (Standings)
Signed Ace Williams as an amateur free agent.
June 21, 1940 (Standings)
Lou Fette selected by the Brooklyn Dodgers off waivers.
July 24, 1940 (Standings)
Rabbit Warstler selected by the Chicago Cubs off waivers.
August 24, 1940 (Standings)
Purchased Buddy Gremp from York (Interstate).
December, 1940
Purchased Red Steiner from the Chicago Cubs.
1941
Signed Walt Linden as an amateur free agent.
February 10, 1941
Signed Wes Ferrell as a free agent.
February 15, 1941
Sold Al Glossop to the New York Yankees.
February 25, 1941
Purchased Babe Dahlgren from the New York Yankees.
February 26, 1941
Signed Earl Averill as a free agent.