The following is a list of all team-to-team transactions that have occurred in the National Hockey League during the 1987–88 NHL season. It lists what team each player has been traded to, signed by, or claimed by, and for which player(s) or draft pick(s), if applicable.
Winnipeg's' third-round pick went to St. Louis as the result of a trade on June 17, 1989, that sent Greg Paslawski and St. Louis's third-round pick in 1989 Entry Draft to Winnipeg in exchange for Winnipeg's second-round pick in 1991 Entry Draft and this pick.
St. Louis' second-round pick went to Washington as the result of a trade on December 11, 1987, that sent Paul Cavallini to St. Louis in exchange for Washington's option of St. Louis' second-round pick in 1988 Entry Draft or 1989 Entry Draft. Washington selected in the 1988 Entry Draft.
Vancouver's fifth-round pick was re-acquired as the result of a trade on March 1, 1988, that sent Willie Huber to Philadelphia in exchange for Paul Lawless and this pick.
Vancouver's fifth-round pick then went to Edmonton as the result of a trade on March 7, 1989, that sent Greg Adams and Doug Smith to Vancouver in exchange for John LeBlanc and this pick.
Philadelphia's first-round pick went to Toronto as the result of a trade on March 6, 1989, that sent Ken Wregget to Philadelphia in exchange for Philadelphia's first-round pick (# 12 overall) in 1989 Entry Draft and this pick.
Hartford's third-round pick was re-acquired as the result of a trade on March 8, 1988, that sent Hartford's second-round pick in the 1989 Entry Draft in exchange for Charlie Bourgeois and this pick.
St. Louis' third-round pick went to Winnipeg as the result of a trade on June 17, 1989, that sent Winnipeg's third-round pick in 1989 Entry Draft and second-round pick in 1991 Entry Draft in exchange for Greg Paslawski and this pick.
Philadelphia's fifth-round pick went to Minnesota as the result of a trade on December 8, 1988, that sent Moe Mantha Jr. to Philadelphia in exchange for this pick. The completion date of the original trade between Toronto and Philadelphia is unknown.
Washington had the option of the 2nd-rd pick in 1988 or 1989 NHL Entry Draft. They selected in the 1988 draft.
Vancouver's fifth-round pick then went to Edmonton as the result of a trade on March 7, 1989, that sent Greg Adams and Doug Smith to Vancouver in exchange for John LeBlanc and this pick.
Detroit's fifth-round pick was re-acquired as the result of a trade on September 9, 1989, that sent Kris King to the Rangers in exchange for Chris McRae and this pick.