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Transactions listed are from November 1 of previous year to April 1 of the following year.
January 15, 1927
Traded Pinky Hargrave, Bobby LaMotte and Marty McManus to the Detroit Tigers. Received Otto Miller, Billy Mullen, Frank O'Rourke and Lefty Stewart.
February 8, 1927
Traded Cedric Durst and Joe Giard to the New York Yankees. Received Sam Jones.
July 7, 1927 (Standings)
Traded Tom Zachary to the Washington Senators. Received Alvin Crowder.
October 4, 1927 (Standings)
Drafted Clyde Manion from Newark (International) in the 1927 rule 5 draft.
October 19, 1927
Traded Milt Gaston and Sam Jones to the Washington Senators. Received Dick Coffman and Earl McNeely.
December 2, 1927
Purchased Chick Galloway from the Philadelphia Athletics.
Traded Chick Galloway, Harry Rice and Elam Vangilder to the Detroit Tigers. Received Lu Blue and Heinie Manush.
December 13, 1927
Traded Bing Miller to the Philadelphia Athletics. Received Dolly Gray.
December 14, 1927
Sold George Sisler to the Washington Senators for $25,000.
December 15, 1927
Sold Ken Williams to the Boston Red Sox for $10,000.