Glen Sather trades
| Edmonton Oilers acquire | Date | Philadelphia Flyers acquire | ||
|---|---|---|---|---|
 | Dave Brown | February 7, 1989 | Keith Acton |  |
| 1991 6th round pick (#122-Dmitry Yushkevich) | ||||
| Edmonton Oilers acquire | Date | Detroit Red Wings acquire | ||
|---|---|---|---|---|
| Doug Halward | January 23, 1989 | 1989 twelfth round pick (#246-Jason Glickman) |  |
| Edmonton Oilers acquire | Date | Detroit Red Wings acquire | ||
|---|---|---|---|---|
| Miroslav Frycer | January 3, 1989 | 1989 tenth round pick (#204-Rick Judson) | |
| Edmonton Oilers acquire | Date | New York Rangers acquire | ||
|---|---|---|---|---|
| Jeff Crossman | October 27, 1988 | Ron Shudra |  |
| Los Angeles Kings acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | John Miner | August 10, 1988 | Craig Redmond | |
| Los Angeles Kings acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
| Wayne Gretzky | August 9, 1988 | Jimmy Carson | |
| Mike Krushelnyski | Martin Gelinas | |||
| Marty McSorley | 1989 1st round pick (#18-Jason Miller) | |||
| 1991 1st round pick (#20-Martin Rucinsky) | ||||
| 1993 1st round pick (#16-Nick Stajduhar) | ||||
| cash | ||||
| Edmonton Oilers acquire | Date | Washington Capitals acquire | ||
|---|---|---|---|---|
| Greg C. Adams | July 22, 1988 | rights to Geoff Courtnall |  |
| Boston Bruins acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Moe Lemay | March 8, 1988 | Alan May | |
| Boston Bruins acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
| Andy Moog | March 8, 1988 | Geoff Courtnall | |
| Bill Ranford | ||||
| 1988 2nd round pick (#39-Petro Koivunen) | ||||
| Buffalo Sabres acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Scott Metcalfe | February 11, 1988 | Steve Dykstra | |
| 1989 9th round pick (#183-Donald Audette) | 1989 7th round pick (#140-Davis Payne) | |||
| Minnesota North Stars acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Moe Mantha | January 22, 1988 | Keith Acton | |
| Edmonton Oilers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Dave Hannan | November 24, 1987 | Paul Coffey |  |
| Chris Joseph | Dave Hunter | |||
| Moe Mantha | Wayne Van Dorp | |||
| Craig Simpson | ||||
| Edmonton Oilers acquire | Date | Chicago Blackhawks acquire | ||
|---|---|---|---|---|
| Dave Donnelly | October 19, 1987 | future considerations (cash) |  |
| Montreal Canadiens acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Alfie Turcotte | May 14, 1987 | cash | |
| Vancouver Canucks acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Raimo Summanen | March 10, 1987 | Moe Lemay | |
| Edmonton Oilers acquire | Date | Philadelphia Flyers acquire | ||
|---|---|---|---|---|
| Dom Campedelli | March 9, 1987 | Jeff Brubaker | |
| Buffalo Sabres acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
| Lee Fogolin Jr. | March 6, 1987 | Normand Lacombe | |
| Mark Napier | 1987 4th round pick (#64-Peter Eriksson) | |||
| 1987 4th round pick (#84-John Bradley) | rights to Wayne Van Dorp | |||
| Minnesota North Stars acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
| 1988 2nd round pick (#40-Link Gaetz) | March 2, 1987 | Kent Nilsson | |
| Minnesota North Stars acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
| cash | March 2, 1987 | Kent Nilsson | |
| Hartford Whalers acquire | Date | Edmonton Oilers acquire | ||
|---|---|---|---|---|
 | Dave Semenko | December 12, 1986 | 1988 3rd round pick (#53-Trevor Sim) | |