Offseason
- November 5, 1984: Matt Keough was released by the Yankees.
- December 4, 1984: Ray Fontenot and Brian Dayett were traded by the Yankees to the Chicago Cubs for Ron Hassey, Porfi Altamirano, Rich Bordi, and Henry Cotto.
- December 5, 1984: Rick Cerone was traded by the Yankees to the Atlanta Braves for Brian Fisher.
- December 5, 1984: Stan Javier, Jay Howell, José Rijo, Eric Plunk, and Tim Birtsas were traded by the Yankees to the Oakland Athletics for Rickey Henderson, Bert Bradley and cash.
- December 20, 1984: Steve Kemp, Tim Foli, and cash were traded by the Yankees to the Pittsburgh Pirates with Jay Buhner, Dale Berra and Alfonso Pulido.
- December 27, 1984: Ed Whitson was signed as a free agent by the Yankees.
- February 27, 1985: Toby Harrah was traded by the Yankees to the Texas Rangers for Billy Sample and a player to be named later. The Rangers completed the deal by sending Eric Dersin (minors) to the Yankees on July 14.
Read more about this topic: 1985 New York Yankees Season