| 1966 CTMBL Expansion | ||
| Team | Player | From |
| Houston | Ray Sadecki | ChC |
| Atlanta | John Bateman | Det |
| Atlanta | Bill Mazeroski | Det |
| Houston | Dave Giusti | NYY |
| Houston | Ron Perranoski | Bal |
| Atlanta | Ed Kranepool | NYM |
| Atlanta | Mack Jones | Bal |
| Houston | Jesus Alou | Pit |
| Houston | Tony Horton | LA |
| Atlanta | Max Alvis | Was |
| Atlanta | Dal Maxvill | NYY |
| Houston | Ted Abernathy | Det |
| Houston | Ray Washburn | NYY |
| Atlanta | Deron Johnson | KC |
| Atlanta | Tom Tresh | KC |
| Houston | Julian Javier | LA |
| Houston | Ollie Brown | Cle |
| Atlanta | Art Shamsky | LA |
| Atlanta | Paul Casanova | ChW |
| Houston | Dave Duncan | Det |
| Houston | Roberto Pena | Phi |
| Atlanta | Tom McCraw | Pit |
| Atlanta | Fred Valentine | Bal |
| Houston | Jack Aker | ChC |
| Houston | Rich Reese | KC |
| Atlanta | Tommy Davis | KC |
| Atlanta | Bobby Wine | Was |
| Houston | Ed Kirkpatrick | NYM |
| Houston | Don Wert | Cle |
| Atlanta | Dick Kelley | ChC |
| Atlanta | Ron Kline | ChC |
| Houston | Woody Woodward | ChW |
| Houston | Stan Williams | NYY |
| Atlanta | Bruce Howard | Bal |
| Atlanta | Claude Raymond | LA |
| Houston | Bob Tillman | SF |
| Houston | Hal Lanier | Pit |
| Atlanta | Pete Cimino | Cin |
| Atlanta | Don Lock | Cin |
| Houston | Vic Davalillo | NYM |
| Houston | Jim Davenport | SF |
| Atlanta | Stu Miller | Cle |
| Atlanta | Jose Santiago | ChW |
| Houston | Lee Maye | NYM |
| Houston | Andy Kosco | Bos |
| Atlanta | Lindy McDaniel | StL |
| Atlanta | Ken Johnson | StL |
| Houston | Rich Rollins | Phi |
| Houston | Gene Olvier | StL |
| Atlanta | Gerry Arigo | Was |
| Atlanta | Turk Farrell | Was |
| Houston | Tony Cloninger | Pit |
| Houston | Dick Green | SF |
| Atlanta | Dan Osinsky | StL |
| Atlanta | Marcelino Lopez | ChW |
| Houston | Don Schwall | Cin |
| Houston | Don Demeter | Cin |
| Atlanta | Ron Swoboda | SF |
| Atlanta | Chico Salmon | Bos |
| Houston | Frank Bertaina | Cle |
| Houston | Ted Davidson | Bos |
| Atlanta | Jim King | Bos |
| Atlanta | Robin Roberts | Phi |
| Houston | Jim Gilliam | Phi |