| Wednesday, November 15th, 1961 |
| 3B O. Virgil received a 1-year contract through automatic renewal worth a total of $16,247. |
| SP J. Kralick received a 1-year contract through automatic renewal worth a total of $16,247. |
| SP D. Ellsworth received a 1-year contract through automatic renewal worth a total of $16,247. |
| SS J. Logan becomes a free-agent. |
| CL T. Fox received a 1-year contract through automatic renewal worth a total of $34,400. |
| 1B G. Altman received a 1-year contract through automatic renewal worth a total of $16,247. |
| SS D. Howser received a 1-year contract through automatic renewal worth a total of $16,247. |
| CF M. Alou received a 1-year contract through automatic renewal worth a total of $16,247. |
| SP R. Roberts becomes a free-agent. |
| SP C. Short received a 1-year contract through automatic renewal worth a total of $16,247. |
| CL T. Morgan becomes a free-agent. |
| LF S. Amoros becomes a free-agent. |
| Placed CF L. Brock on the 40-man roster. |
| Placed RF T. Oliva on the 40-man roster. |
| Placed SP F. Newman on the 40-man roster. |
| Placed SP P. Dobson on the 40-man roster. |
| Tuesday, November 14th, 1961 |
| Drafted SP W. Smith in the 1961 first-year player draft (Round 5, Pick 9, 65th overall Pick). |
| Drafted SP T. Timmermann in the 1961 first-year player draft (Round 6, Pick 9, 79th overall Pick). |
| Drafted SP F. Newman in the 1961 first-year player draft (Round 7, Pick 9, 93rd overall Pick). |
| Drafted 3B J. Werhas in the 1961 first-year player draft (Round 8, Pick 9, 107th overall Pick). |
| Drafted SP P. Smith in the 1961 first-year player draft (Round 9, Pick 9, 121st overall Pick). |
| Drafted LF A. Lopez in the 1961 first-year player draft (Round 10, Pick 9, 135th overall Pick). |
| Drafted SP B. Meyer in the 1961 first-year player draft (Round 11, Pick 9, 149th overall Pick). |
| Drafted LF B. Alyea in the 1961 first-year player draft (Round 12, Pick 9, 163rd overall Pick). |
| Drafted SP H. Hippauf in the 1961 first-year player draft (Round 13, Pick 9, 177th overall Pick). |
| Drafted C A. Brunsberg in the 1961 first-year player draft (Round 14, Pick 9, 191st overall Pick). |
| Drafted SP K. Turner in the 1961 first-year player draft (Round 15, Pick 9, 205th overall Pick). |
| Drafted 3B C. Laboy in the 1961 first-year player draft (Round 16, Pick 9, 219th overall Pick). |
| Drafted SP A. Umbach in the 1961 first-year player draft (Round 17, Pick 9, 233rd overall Pick). |
| Drafted SS R. Pena in the 1961 first-year player draft (Round 18, Pick 9, 247th overall Pick). |
| Drafted MR T. Metcalf in the 1961 first-year player draft (Round 19, Pick 9, 261st overall Pick). |
| Drafted 3B J. Gibbs in the 1961 first-year player draft (Round 20, Pick 9, 275th overall Pick). |
| Drafted 1B B. Roman in the 1961 first-year player draft (Round 21, Pick 9, 289th overall Pick). |
| Drafted SS J. Hernandez in the 1961 first-year player draft (Round 22, Pick 9, 303rd overall Pick). |