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| Sunday, October 29th , 1972 |
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| Signed SS Ron Brown to a 2-year contract extension worth a total of $150,400. |
| Saturday, October 28th , 1972 |
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| Signed RP Bruce Walker to a 2-year contract extension worth a total of $160,000. |
| Signed LF Marv Haynes to a 1-year contract extension worth a total of $67,200. |
| Tuesday, October 24th , 1972 |
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| SP Kevin Edwards has executed his contract year option. |
| SP Pete Cook retired from professional baseball. |
| Friday, September 1st , 1972 |
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| Drafted SP Angel Villatoro in the 1972 first-year player draft (Round 1, Pick 1, 1st overall pick). |
| Drafted SP Jeff McNeil in the 1972 first-year player draft (Round 2, Pick 1, 29th overall pick). |
| Drafted RP John Morgan in the 1972 first-year player draft (Round 3, Pick 1, 57th overall pick). |
| Drafted SP Rick Marchand in the 1972 first-year player draft (Round 4, Pick 1, 85th overall pick). |
| Drafted C Garry Perritte in the 1972 first-year player draft (Round 5, Pick 1, 113rd overall pick). |
| Wednesday, March 15th , 1972 |
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| Signed free agent LF Lou Middleton to a 1-year contract worth a total of $80,000. |
| Signed free agent SP Billy Reed to a 1-year contract worth a total of $75,200. |
| Friday, February 18th , 1972 |
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| Signed free agent SS Harvey Alterman to a 1-year contract worth a total of $75,200. |
| Signed free agent LF Marv Haynes to a 1-year contract worth a total of $65,600. |
| Signed free agent 3B Ron Brown to a 1-year contract worth a total of $65,600. |
| Signed free agent SP Alberto Vinueza to a 1-year contract worth a total of $70,400. |
| Friday, January 14th , 1972 |
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| Signed 1B Bill Ray to a 1-year contract extension worth a total of $300,000. |
| Signed 3B Tom Greenlee to a 1-year contract extension worth a total of $75,200. |
| Signed SP Armando Estrada to a 2-year contract extension worth a total of $680,000. |
