The following is a list of all team-to-team transactions that have occurred in the National Hockey League during the 1986–87 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.
The Rangers' fifth-round pick went to Winnipeg as the result of a trade on June 8, 1987 that sent Brian Mullen and Winnipeg's tenth-round pick in 1987 Entry Draft to the Rangers in exchange for the Rangers' third-round pick in 1989 Entry Draft and this pick.
The trade was for a conditional pick in 1987 Entry Draft. The condition – the Rangers receives a 3rd-rd pick if MacLellan scores 25 or more goals in the 1986-87 season or a 4th-rd pick if less than 25 goals - was converted on March 3, 1987 scoring his 25th goal of the season.
Minnesota's fourth-round pick was re-acquired as the result of a trade on November 13, 1986 that sent Curt Giles, Tony McKegney and Minnesota's second-round pick in 1988 Entry Draft to the Rangers in exchange for Bob Brooke and this pick.
New Jersey's third-round pick went to Buffalo as the result of a trade on June 13, 1987 that sent Tom Kurvers to New Jersey in exchange for New Jersey's tenth-round pick in 1989 Entry Draft and this pick.
The Rangers' third-round pick went to the Minnesota as the result of a trade on October 11, 1988 that sent Brian Lawton, Igor Liba and the rights to Rick Bennett to the Rangers in exchange for Paul Jerrard, Mark Tinordi, the rights to Mike Sullivan, the rights to Bret Barnett and this pick.