| Postseason: |
Won World Series (4-0) over Chicago Cubs |

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Transactions listed are from November 1 of previous year to April 1 of the following year.
November 12, 1931
Traded a player to be named later to St Paul (American Association). Received Johnny Murphy, Jack Saltzgaver and cash and 2 players to be named. The New York Yankees sent Jimmie Reese (November 12, 1931) to St Paul (American Association) to complete the trade.
December 1, 1931
Purchased Johnny Neun from the Boston Braves.
1932
Obtained Hub Pruett from Newark (International) as part of a minor league working agreement.
January 19, 1932
Traded George Quellich, Myles Thomas and cash to Hollywood (PCL). Received Jesse Hill.
June 5, 1932 (Standings)
Traded Ivy Andrews, Hank Johnson and $50,000 to the Boston Red Sox. Received Danny MacFayden.
June 6, 1932 (Standings)
Sold Hub Pruett to the Boston Braves.
June 30, 1932 (Standings)
Signed Charlie Devens as an amateur free agent.
August 1, 1932 (Standings)
Traded Gordon Rhodes to the Boston Red Sox. Received Wilcy Moore.
September 12, 1932 (Standings)
Purchased Russ Van Atta from St Paul (American Association) for cash plus 2 players to be named. cash plus 2 players to be named
September 27, 1932 (Standings)
Bots Nekola drafted by the Detroit Tigers in the 1932 rule 5 draft.