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Transactions listed are from November 1 of previous year to April 1 of the following year.
April 3, 1931 (Standings)
Sold Lu Blue to the Chicago White Sox for $15,000.
July 13, 1931 (Standings)
Selected Garland Braxton off waivers from the Chicago White Sox.
September 30, 1931 (Standings)
Drafted Wes Kingdon from Chattanooga (Southern Association) in the 1931 rule 5 draft.