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| 2008-05-19 17:30:00 | New York Warriors | Ron Stiles | Acquired via trade | 2nd round pick in season 20 | Charlotte Rangers |
| 2008-05-19 17:30:00 | New York Warriors | 3rd round pick in season 21 | Acquired via trade | Rex Frantz | Charlotte Rangers |
| 2008-05-19 15:16:18 | Salt Lake City Night Hawks | Fairleigh Rehm | Add/Drop | | |
| 2008-05-18 17:47:30 | Charlotte Rangers | | Demoted | Charles Hill | Rio de Janeiro Red Storm |
| 2008-05-18 17:45:44 | Charlotte Rangers | Charles Hill | Add/Drop | Deon Lopez | |
| 2008-05-18 15:58:20 | Rio de Janeiro Red Storm | | Promoted | Montell Coppedge | Charlotte Rangers |
| 2008-05-18 12:17:20 | Edmonton SilverShoes | | Promoted | Leo Pendarvis | Sacramento Rainbow Trout |
| 2008-05-18 12:12:02 | Sacramento Rainbow Trout | | Demoted | Samuel White | Edmonton SilverShoes |
| 2008-05-18 11:42:32 | Edmonton SilverShoes | | Promoted | Jon Beeman | Sacramento Rainbow Trout |
| 2008-05-18 10:35:54 | Baltimore Miners | | Drop | Jamie Eaton | |
| 2008-05-18 10:33:54 | Green Bay Miners | | Promoted | Howard Buckley | Baltimore Miners |
| 2008-05-18 06:44:00 | Philadelphia Assassins | Craig Curtis | Add/Drop | Ron Chery | |
| 2008-05-18 06:42:32 | Philadelphia Assassins | | Demoted | James Peterson | South Dakota Blackhawks |
| 2008-05-18 06:42:04 | South Dakota Blackhawks | | Promoted | Ron Chery | Philadelphia Assassins |
| 2008-05-18 06:38:04 | Philadelphia Assassins | Chen Hsinan | Add/Drop | Tyrone Hughes | |
| 2008-05-18 04:45:58 | Ottawa Mt. Hawks | | Promoted | Rodney Matters | Orlando Bombers |
| 2008-05-18 04:44:52 | Orlando Bombers | | Demoted | Carl Martin | Ottawa Mt. Hawks |
| 2008-05-17 14:19:50 | Chicago Hilltoppers | | Demoted | Milt Jackson | Clarksville River Bandits |
| 2008-05-17 14:19:30 | Clarksville River Bandits | | Promoted | Trent Troutman | Chicago Hilltoppers |
| 2008-05-17 14:19:24 | Clarksville River Bandits | | Promoted | Heinrich Oates | Chicago Hilltoppers |
| 2008-05-17 14:18:44 | Chicago Hilltoppers | | Demoted | Marty Solomon | Clarksville River Bandits |
| 2008-05-17 14:12:16 | Chicago Hilltoppers | | Demoted | Rickey Cain | Clarksville River Bandits |
| 2008-05-17 14:12:10 | Chicago Hilltoppers | | Demoted | Fred Jasmin | Clarksville River Bandits |
| 2008-05-17 14:11:10 | Clarksville River Bandits | | Promoted | Conrad Dale | Chicago Hilltoppers |
| 2008-05-17 14:10:52 | Clarksville River Bandits | | Promoted | Haywood Willinger | Chicago Hilltoppers |