Boston Red Sox
All Transactions |  | | | | Wednesday, June 15th, 1988 | | Drafted SP F. Oliveras in the 1988 first-year player draft (Round 5, Pick 14, 118th overall Pick). |
| Thursday, May 5th, 1988 | | Signed CF M. Dilone to a 2-year contract extension worth a total of $3,100,000. |
| Thursday, April 21st, 1988 | | Released MR S. Wihtol. |
| Monday, November 16th, 1987 | | RF M. Nettles becomes a free-agent. | | MR B. Tanner received a 1-year contract through automatic renewal worth a total of $300,000. | | CF B. Bonnell becomes a free-agent. | | MR T. McCarthy received a 1-year contract through automatic renewal worth a total of $300,000. | | LF L. Polonia received a 1-year contract through automatic renewal worth a total of $300,000. | | SP J. Sellers received a 1-year contract through automatic renewal worth a total of $300,000. | | 3B K. Chapman becomes a free-agent. | | SS T. Duncan becomes a free-agent. | | CL T. Worrell received a 1-year contract through automatic renewal worth a total of $300,000. | | SP M. Jones becomes a free-agent. | | Signed team doctor T. López to a 5-year, $370,000 per year contract. | | Signed scouting director M. Santos to a 4-year, $260,000 per year contract. | | Signed pitching coach G. Roggenburk to a 5-year, $200,000 per year contract. |
| Friday, November 13th, 1987 | | MR M. Ross received a 1-year contract through arbitration worth a total of $3,052,800. | | MR R. McDowell received a 1-year contract through arbitration worth a total of $3,360,000. | | SP D. Jackson received a 1-year contract through arbitration worth a total of $5,051,200. | | 2B T. Teufel received a 1-year contract through arbitration worth a total of $3,246,720. | | MR J. Calhoun received a 1-year contract through arbitration worth a total of $3,450,500. | | C B. Adams received a 1-year contract through arbitration worth a total of $907,500. | | MR G. Booker received a 1-year contract through arbitration worth a total of $3,033,600. |
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