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Monday, November 8th , 1954
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Drafted C Jerry Bischoff in the 1954 first-year player draft (Round 1, Pick 8, 8th overall pick).
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Drafted LF Bill Ray in the 1954 first-year player draft (Round 1, Pick 10, 10th overall pick).
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Drafted SP Bruce Elsner in the 1954 first-year player draft (Round 1, Pick 22, 22nd overall pick).
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Drafted 2B Jim Andrews in the 1954 first-year player draft (Round 2, Pick 22, 44th overall pick).
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Drafted 2B Rick Licari in the 1954 first-year player draft (Round 4, Pick 22, 88th overall pick).
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Drafted C Eddie Young in the 1954 first-year player draft (Round 5, Pick 22, 110th overall pick).
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Saturday, October 23rd , 1954
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LF Mark Conch retired from professional baseball.
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Sunday, October 3rd , 1954
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Signed free agent SP Larry Strickland to a 1-year contract worth a total of $18,000.
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Wednesday, August 25th , 1954
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Signed free agent C Charlie Price to a 1-year contract worth a total of $20,000.
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Friday, June 4th , 1954
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Signed free agent LF George Rapp to a 1-year contract worth a total of $14,000.
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