| Date | Transaction | |||
| 7/31/01 | The Cubs optioned right-handed reliever Mike Fyhrie to Iowa (AAA). | |||
| 7/30/01 | Cubs acquire reliever David Weathers and minor league RHP Roberto Miniel for minor league RHP Ruben Quevedo and OF Peter Zoccolillo. | |||
| 7/29/01 | Cubs option OF Corey Patterson to Iowa (AAA). | |||
| 7/27/01 | Cubs acquire INF Fred McGriff from Tampa Bay in exchange for minor league pitcher Manny Aybar and a player to be named later. | |||
| 7/26/01 | Cubs reinstate catcher Todd Hundley to the active roster and placed reliever Courtney Duncan on the 15-day disabled list (retroacive to July 20) with right shoulder tendinitis. | |||
| 7/16/01 | The Cubs placed outfielder Rondell White on the 15-day disabled list retroactive to July 14 with a strained left groin. The Cubs subsequently reinstated reliever Courtney Duncan. | |||
| 7/14/01 | The Cubs reinstated reliever Mike Fyhrie to the active roster and optioned left-handed reliever Will Ohman to Iowa (AAA). | |||
| 7/7/01 | The Cubs optioned INF Jason Smith to Iowa (AAA) and signed free agent Delino DeShields. | |||
| 7/6/01 | Outfielder Rondell White was placed on the 15-day disabled list with an aggravated left groin muscle and recalled infielder Jason Smith from Iowa (AAA). | |||
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