Transactions
Transactions listed are from October 1 of previous year to April 1 of the following year.
- November 2, 1987
Released Juan Bonilla.
Released Al Holland.
Released Lenn Sakata.
Traded a player to be named later to the Texas Rangers. Received Don Slaught. The New York Yankees sent Brad Arnsberg (November 10, 1987) to the Texas Rangers to complete the trade.
- November 9, 1987
Bill Gullickson granted Free Agency.
Tommy John granted Free Agency.
Dave Righetti granted Free Agency.
- November 11, 1987
Signed Steve Shields as a free agent.
- November 12, 1987
Traded Dan Pasqua, Steve Rosenberg and Mark Salas to the Chicago White Sox. Received Richard Dotson and Scott Nielsen.
- November 17, 1987
Signed Álvaro Espinoza as a free agent.
- December 11, 1987
Traded Steve Frey, Phil Lombardi and Darren Reed to the New York Mets. Received Victor Garcia (minors) and Rafael Santana.
- December 18, 1987
Released Rich Bordi.
- December 21, 1987
- December 22, 1987
Traded Henry Cotto and Steve Trout to the Seattle Mariners. Received Lee Guetterman, Clay Parker and Wade Taylor.
- December 23, 1987
Signed Dave Righetti as a free agent.
- January 6, 1988
Signed Jack Clark as a free agent.
- January 15, 1988
Signed John Candelaria as a free agent.
- February 25, 1988
Signed José Cruz as a free agent.
- March 29, 1988
Released Pete Filson.
- March 30, 1988
Traded Orestes Destrade to the Pittsburgh Pirates. Received Hipólito Peña.
- April 4, 1988
- May 7, 1988
Signed Chris Chambliss as a free agent.
- May 10, 1988
Released Chris Chambliss.
- June 1, 1988
Drafted Jeff Johnson in the 6th round of the 1988 amateur draft.
Drafted Pat Kelly in the 9th round of the 1988 amateur draft. Player signed June 2, 1988.
Drafted Kenny Greer in the 10th round of the 1988 amateur draft. Player signed June 2, 1988.
Drafted Andy Cook in the 11th round of the 1988 amateur draft.
Drafted Frank Seminara in the 12th round of the 1988 amateur draft.
Drafted Bobby Muñoz in the 15th round of the 1988 amateur draft. Player signed October 5, 1988.
Drafted Jerry Nielsen in the 18th round of the 1988 amateur draft.
Drafted Mike Draper in the 26th round of the 1988 amateur draft.
Drafted Russ Davis in the 29th round of the 1988 amateur draft. Player signed June 5, 1988.
Drafted Deion Sanders in the 30th round of the 1988 amateur draft. Player signed June 22, 1988.
Drafted Joe Vitiello in the 31st round of the 1988 amateur draft, but did not sign the player.
Drafted John Cummings in the 32nd round of the 1988 amateur draft, but did not sign the player.
Drafted Orlando Palmeiro in the 43rd round of the 1988 amateur draft, but did not sign the player.
Drafted Fernando Viña in the 51st round of the 1988 amateur draft, but did not sign the player.
- June 20, 1988
Purchased Kevin Mmahat from the Texas Rangers.
- July 15, 1988
Traded Amalio Carreño to the Philadelphia Phillies. Received Luis Aguayo.
- July 21, 1988
Traded a player to be named later, Rick Balabon (minors) and Jay Buhner to the Seattle Mariners. Received Ken Phelps. The New York Yankees sent Troy Evers (minors) (October 12, 1988) to the Seattle Mariners to complete the trade.
- July 22, 1988
Released José Cruz.
- August 14, 1988
Released Tim Stoddard.
- August 30, 1988
Traded Cecilio Guante to the Texas Rangers. Received Dale Mohorcic.
- September 29, 1988
Signed Mark Leiter as a free agent.
- October 15, 1988
- October 24, 1988
Willie Randolph granted Free Agency.
Claudell Washington granted Free Agency.
Traded Jack Clark and Pat Clements to the San Diego Padres. Received Stan Jefferson, Jimmy Jones and Lance McCullers.
- November 4, 1988
Luis Aguayo granted Free Agency.
Neil Allen granted Free Agency.
Wayne Tolleson granted Free Agency.
- November 10, 1988
Released Tommy John.
- November 17, 1988
Signed Don Schulze as a free agent.
Traded Eric Schmidt (minors) to the California Angels. Received Brian Dorsett.
- November 23, 1988
Signed Steve Sax as a free agent.
- November 26, 1988
Signed Steve Kiefer as a free agent.
- December 3, 1988
Signed Dave LaPoint as a free agent.
- December 5, 1988
Traded Bob Meacham to the Texas Rangers. Received Bob Brower.
- December 8, 1988
Signed Andy Hawkins as a free agent.
- December 15, 1988
Signed Mark Hutton as an amateur free agent.
- December 18, 1988
Signed Wayne Tolleson as a free agent.
- December 20, 1988
Signed Jamie Quirk as a free agent.
Ron Guidry granted Free Agency.
- December 22, 1988
Signed Dickie Noles as a free agent.
- January 10, 1989
Traded Rick Rhoden to the Houston Astros. Received Pedro DeLeon (minors), Mike Hook (minors) and John Fishel.
- January 26, 1989
Signed Chuck Cary as a free agent.
- February 13, 1989
Signed Tommy John as a free agent.
- March 19, 1989
Traded Joel Skinner and Turner Ward to the Cleveland Indians. Received Mel Hall.
- March 20, 1989
Traded Steve Shields to the Minnesota Twins. Received Balvino Gálvez.
- March 23, 1989
Traded Charles Hudson to the Detroit Tigers. Received Tom Brookens.
- March 27, 1989
Traded Dana Ridenour (minors) to the Seattle Mariners. Received Steve Balboni.
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