| Transactions | ||||||
| Date | Team | Player | Type | OthTm | EffDate | When |
| 4/24/1997 | MID | Hill | Demoted to reserve roster | Before | ||
| 4/30/1997 | BT | Jones,A | Traded away | MID | After | |
| 4/30/1997 | BT | McMichael | Acquired via trade | MID | After | |
| 4/30/1997 | BT | Salmon | Acquired via trade | MID | After | |
| 4/30/1997 | MID | Jones,A | Acquired via trade | BT | After | |
| 4/30/1997 | MID | McMichael | Traded away | BT | After | |
| 4/30/1997 | MID | Salmon | Traded away | BT | After | |
| 5/1/1997 | BT | Mathews | Demoted to reserve roster | Before | ||
| 5/22/1997 | BT | Cordero | Demoted to reserve roster | Before | ||
| 5/22/1997 | BT | Jefferies | Promoted to active roster | Before | ||
| 5/28/1997 | BT | Cordero | Traded away | WIZ | After | |
| 5/28/1997 | BT | Joyner | Acquired via trade | WIZ | After | |
| 5/28/1997 | WIZ | Cordero | Acquired via trade | BT | After | |
| 5/28/1997 | WIZ | Joyner | Traded away | BT | After | |
| 6/4/1997 | LON | Benes,Al | Acquired via trade | Pal | After | |
| 6/4/1997 | LON | Tomko | Traded away | Pal | After | |
| 6/4/1997 | Pal | Benes,Al | Traded away | LON | After | |
| 6/4/1997 | Pal | Tomko | Acquired via trade | LON | After | |
| 6/5/1997 | BT | Fielder | Demoted to reserve roster | Before | ||
| 6/11/1997 | BT | Hammond | Traded away | CRH | After | |
| 6/11/1997 | BT | Santiago | Acquired via trade | CRH | After | |
| 6/11/1997 | CRH | Hammond | Acquired via trade | BT | After | |
| 6/11/1997 | CRH | Santiago | Traded away | BT | After | |
| 6/12/1997 | BT | Johnson | Demoted to reserve roster | Before | ||
| 7/3/1997 | BT | Bohanon | Demoted to reserve roster | Before | ||
| 7/3/1997 | BT | Burba | Promoted to active roster | Before | ||
| 7/3/1997 | BT | Clark,M | Promoted to active roster | Before | ||
| 7/3/1997 | BT | Reynoso | Demoted to reserve roster | Before | ||
| 7/16/1997 | BT | Hamilton | Traded away | MAD | After | |
| 7/16/1997 | BT | Stynes | Acquired via trade | MAD | After | |
| 7/16/1997 | MAD | Hamilton | Acquired via trade | BT | After | |
| 7/16/1997 | MAD | Stynes | Traded away | BT | After | |
| 8/13/1997 | LON | Conine | Traded away | WIZ | After | |
| 8/13/1997 | LON | Strange | Acquired via trade | WIZ | After | |
| 8/13/1997 | WIZ | Conine | Acquired via trade | LON | After | |
| 8/13/1997 | WIZ | Strange | Traded away | LON | After | |
| 8/14/1997 | WIZ | Cordero | Promoted to active roster | Before | ||
| 8/14/1997 | WIZ | Orie | Demoted to reserve roster | Before | ||
| 8/14/1997 | WIZ | Orie | Promoted to active roster | Before | ||
| 8/28/1997 | BT | Bohanon | Promoted to active roster | Before | ||
| 8/28/1997 | BT | Clark,M | Demoted to reserve roster | Before | ||