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Transactions listed are from November 1 of previous year to April 1 of the following year.
October 15, 1940
Drafted Bobby Estalella from Minneapolis (American Association) in the 1940 rule 5 draft.
November 16, 1940
Selected George Caster off waivers from the Philadelphia Athletics.
December 3, 1940
Purchased Denny Galehouse and Fritz Ostermueller from the Boston Red Sox.
December 5, 1940
Sold Slick Coffman to the Chicago Cubs.
Sold Jake Wade to the Cincinnati Reds.
December 24, 1940
Purchased Johnny Allen from the Cleveland Indians for $20,000.
1941
Signed Ribs Raney as an amateur free agent.
Signed Ken Wood as an amateur free agent.
February 4, 1941
Sold Lefty Mills to the Brooklyn Dodgers.
April 3, 1941 (Standings)
Sold Roxie Lawson to the Brooklyn Dodgers.
April 15, 1941 (Standings)
The Brooklyn Dodgers returned Lefty Mills following previous purchase.
April 30, 1941 (Standings)
Sold Myril Hoag to the Chicago White Sox.
May 5, 1941 (Standings)
Sold Rip Radcliff to the Detroit Tigers for $25,000.
May 15, 1941 (Standings)
Traded Vern Kennedy to the Washington Senators. Received Rick Ferrell.
July 30, 1941 (Standings)
Johnny Allen selected by the Brooklyn Dodgers off waivers.
August, 1941 (Standings)
Jim Russell sent to Memphis (Southern Association) in an unknown transaction. (Date given is approximate. Exact date is uncertain.)
August 4, 1941 (Standings)
Purchased Archie McKain from the Detroit Tigers.
September 10, 1941 (Standings)
Traded Bobby Estalella to the Washington Senators. Received George Archie.
September 30, 1941 (Standings)
Drafted Stan Ferens from the St. Louis Cardinals in the 1941 rule 5 draft.
1942
Signed Cliff Fannin as an amateur free agent.