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Transactions listed are from November 1 of previous year to April 1 of the following year.
October 1, 1940
Bill Swift drafted by the Brooklyn Dodgers in the 1940 rule 5 draft.
November 6, 1940
Signed Orville Jorgens as a free agent.
Purchased Thurman Tucker from Oklahoma City (Texas).
December 4, 1940
Released Jackie Hayes.
December 16, 1940
Traded Jack Knott to the Philadelphia Athletics. Received Dario Lodigiani.
December 18, 1940
Eric McNair selected by the Detroit Tigers off waivers.
December 31, 1940
Traded Ken Silvestri to the New York Yankees. Received Bill Knickerbocker.
1941
Signed Morrie Martin as an amateur free agent.
January 4, 1941
Purchased Joe Haynes from the Washington Senators.
February 7, 1941
Traded Clint Brown to the Cleveland Indians. Received Johnny Humphries.
March 14, 1941
Purchased Ed Fernandes from the Pittsburgh Pirates.
April 5, 1941 (Standings)
Purchased Clay Smith from the Detroit Tigers.
April 30, 1941 (Standings)
Purchased Myril Hoag from the St. Louis Browns.
Purchased Buck Ross from the Philadelphia Athletics.
May 12, 1941 (Standings)
Purchased Dick Lanahan from the Pittsburgh Pirates.
May 29, 1941 (Standings)
Signed Ben Chapman as a free agent.
Sold Larry Rosenthal to the Cleveland Indians.
July 5, 1941 (Standings)
Purchased Stan Goletz from the Cleveland Indians.
August, 1941 (Standings)
Purchased Dave Philley from Monroe (Cotton States).
November 3, 1941
Released Ben Chapman.
December 9, 1941
Traded Jack Hallett and Mike Kreevich to the Philadelphia Athletics. Received Wally Moses.
1942
Guy Curtright received from Shreveport (Texas) in an unknown transaction.
Signed Russ Meyer as an amateur free agent.
March, 1942
Signed Sam West as a free agent. (Date given is approximate. Exact date is uncertain.)