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| Monday, August 10th, 1998 |
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| Released 2B Luis Sojo. |
| Friday, July 31st, 1998 |
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| Traded 24-year-old minor league second baseman Damian Jackson to the St. Louis Cardinals, getting 35-year-old reliever Randy Myers in return. |
| Traded 31-year-old left fielder Brian Jordan to the Colorado Rockies, getting 24-year-old minor league center fielder Lou Collier in return. |
| Demoted CF Jason McDonald to Triple A Hartford. |
| Demoted SP John Ericks to Triple A Hartford. |
| Purchased the contract of LF Quinton McCracken from Triple A Hartford. |
| Purchased the contract of LF Benny Agbayani from Triple A Hartford. |
| Demoted RP Terrell Wade to Triple A Hartford. |
| Purchased the contract of RP Randy Myers from Triple A Hartford. |
| Purchased the contract of RP William VanLandingham from Triple A Hartford. |
| Wednesday, July 29th, 1998 |
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| Traded 40-year-old minor league second baseman Wade Boggs and 25-year-old minor league starting pitcher C J Nitkowski to the Oakland Athletics, getting 28-year-old starting pitcher William VanLandingham in return. |
| Sunday, July 26th, 1998 |
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| Traded 23-year-old minor league shortstop Masahiro Kawai to the Boston Red Sox, getting 30-year-old starting pitcher John Ericks in return. |
| Traded 35-year-old third baseman Dave Magadan to the New York Mets, getting 40-year-old minor league second baseman Wade Boggs in return. |
| Demoted RP Marvin Freeman to Triple A Hartford. |
| Purchased the contract of 3B Craig F Wilson from Triple A Hartford. |
| Purchased the contract of SP John Ericks from Triple A Hartford. |
| Tuesday, July 7th, 1998 |
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| Demoted LF Benny Agbayani to Triple A Hartford. |
| Purchased the contract of LF Chad Curtis from Triple A Hartford. |
| Saturday, July 4th, 1998 |
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| Traded 26-year-old reliever Cory Lidle and 28-year-old minor league starting pitcher Robert Person to the Orlando Devil Rays, getting 31-year-old center fielder Brian Jordan and 25-year-old minor league starting pitcher C J Nitkowski in return. |
| Traded 25-year-old minor league second baseman David Bell to the Arizona Diamondbacks, getting nothing in return. |
| Demoted LF Chad Curtis to Triple A Hartford. |
| Purchased the contract of LF Brian Jordan from Triple A Hartford. |
| Purchased the contract of RP Marvin Freeman from Triple A Hartford. |
| Wednesday, July 1st, 1998 |
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| Placed LF Juan Encarnacion on the 1-day injured list, retroactive to 06/30/1998. |
| Purchased the contract of LF Chad Curtis from Triple A Hartford. |
| Monday, June 22nd, 1998 |
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| Traded 26-year-old minor league right fielder Alex Ochoa and 24-year-old third baseman Edgardo Alfonzo to the St. Louis Cardinals, getting 31-year-old second baseman John Valentin in return. |
| Traded 29-year-old starting pitcher Scott Sanders to the Detroit Tigers, getting 27-year-old starting pitcher Sterling Hitchcock in return. |
| Purchased the contract of SP Sterling Hitchcock from Triple A Hartford. |
| Purchased the contract of SS John Valentin from Triple A Hartford. |
| Tuesday, June 16th, 1998 |
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| Demoted RP Marvin Freeman to Triple A Hartford. |
| Thursday, June 4th, 1998 |
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| Released C Robert Machado. |
| Tuesday, May 26th, 1998 |
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| Placed RP Marvin Freeman on the 1-day injured list, retroactive to 05/24/1998. |
| Purchased the contract of RP Paul Byrd from Triple A Hartford. |
| Friday, May 8th, 1998 |
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| Traded 31-year-old minor league reliever Doug Simons and 22-year-old minor league third baseman Danny Klassen to the Orlando Devil Rays, getting 25-year-old minor league right fielder Jacob Cruz and 23-year-old minor league shortstop Masahiro Kawai in return. |
| Saturday, May 2nd, 1998 |
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| Demoted LF Chad Curtis to Triple A Hartford. |
| Purchased the contract of CF Jason McDonald from Triple A Hartford. |
| Saturday, April 11th, 1998 |
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| Demoted SP Rene Arocha to Triple A Hartford. |
| Purchased the contract of LF Benny Agbayani from Triple A Hartford. |
| Demoted RF Alex Ochoa to Triple A Hartford. |
| Purchased the contract of SP Rene Arocha from Triple A Hartford. |
| Sunday, April 5th, 1998 |
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| Demoted RP Bryan Corey to Triple A Hartford. |
| Purchased the contract of RP Cory Lidle from Triple A Hartford. |
| Friday, March 27th, 1998 |
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| Released RP Mike Bovee. |
| Traded 34-year-old minor league center fielder Lance Blankenship to the St. Louis Cardinals, getting 33-year-old minor league starting pitcher Jack Armstrong and 24-year-old right fielder Damian Jackson in return. |
| Demoted RP Steve Connelly to Triple A Hartford. |
| Demoted 3B Danny Klassen to Triple A Hartford. |
| Purchased the contract of SP Rene Arocha from Triple A Hartford. |
| Purchased the contract of SP Scott Sanders from Triple A Hartford. |
| Purchased the contract of RP Marvin Freeman from Triple A Hartford. |
| Demoted SP Ugueth Urbina to Triple A Hartford. |
| Demoted RP Doug Simons to Triple A Hartford. |
| Purchased the contract of RP Bryan Corey from Triple A Hartford. |
| Purchased the contract of C Mike Redmond from Triple A Hartford. |
| Purchased the contract of 3B Dave Magadan from Triple A Hartford. |
| Purchased the contract of LF Chad Curtis from Triple A Hartford. |
| Purchased the contract of RF Alex Ochoa from Triple A Hartford. |
