|
| 2008-02-15 18:04:00 | Phoenix Kangaroos | 1st round pick in season 19 | Acquired via trade | Alvin Garcia | Philadelphia Assassins |
| 2008-02-15 18:04:00 | Phoenix Kangaroos | 1st round pick in season 21 | Acquired via trade | | Philadelphia Assassins |
| 2008-02-15 18:04:00 | Phoenix Kangaroos | Curtis Deal | Acquired via trade | | Philadelphia Assassins |
| 2008-02-15 18:02:00 | Dallas Hounds | 1st round pick in season 19 | Acquired via trade | Gilbert Rice | Phoenix Kangaroos |
| 2008-02-15 18:02:00 | Dallas Hounds | 1st round pick in season 20 | Acquired via trade | | Phoenix Kangaroos |
| 2008-02-15 18:00:00 | Dallas Hounds | Bill Sewell | Acquired via trade | Ashley Wilder Jr. | New York Warriors |
| 2008-02-15 18:00:00 | Dallas Hounds | Jose Darby | Acquired via trade | 3rd round pick in season 20 | New York Warriors |
| 2008-02-15 18:00:00 | Dallas Hounds | Rodney Keo | Acquired via trade | | New York Warriors |
| 2008-02-15 18:00:00 | Dallas Hounds | Doug Duncanson | Acquired via trade | | New York Warriors |
| 2008-02-15 16:46:42 | Memphis Express | | Drop | Keith Patrick | |
| 2008-02-15 15:42:56 | Pittsburgh Berserkers | | Promoted | Melvin Harris | Cleveland Weasels |
| 2008-02-15 13:35:54 | Philadelphia Assassins | | Demoted | Tyrone Hughes | South Dakota Blackhawks |
| 2008-02-15 13:26:22 | South Dakota Blackhawks | | Promoted | Terrance Hawkins | Philadelphia Assassins |
| 2008-02-13 23:06:10 | South Dakota Blackhawks | | Promoted | Tyrone Hughes | Philadelphia Assassins |
| 2008-02-13 22:02:00 | Los Angeles Cacti | Gene Burton | Acquired via trade | Darwin Choi | Las Vegas Dark Knights |
| 2008-02-13 22:02:00 | Los Angeles Cacti | Wes Parker | Acquired via trade | Kevin Paulsen | Las Vegas Dark Knights |
| 2008-02-13 22:02:00 | Los Angeles Cacti | 1st round pick in season 20 | Acquired via trade | Floyd Tracy | Las Vegas Dark Knights |
| 2008-02-13 22:00:00 | Philadelphia Assassins | Terrance Hawkins | Acquired via trade | Craig Curtis | Las Vegas Dark Knights |
| 2008-02-13 22:00:00 | Philadelphia Assassins | Terence Anderson | Acquired via trade | Kenyon Gruner | Las Vegas Dark Knights |
| 2008-02-13 22:00:00 | Philadelphia Assassins | David Cunningham | Acquired via trade | Keith Oliphant | Las Vegas Dark Knights |
| 2008-02-13 21:34:50 | Las Vegas Dark Knights | | Drop | Xavier Dortch | |
| 2008-02-13 21:32:58 | Las Vegas Dark Knights | | Demoted | Floyd Tracy | Knoxville Wampus Cats |
| 2008-02-13 21:31:08 | Las Vegas Dark Knights | | Demoted | Steven Carter | Knoxville Wampus Cats |
| 2008-02-13 21:26:28 | Las Vegas Dark Knights | | Demoted | Keith Oliphant | Knoxville Wampus Cats |
| 2008-02-13 21:11:48 | Philadelphia Assassins | | Demoted | Terrance Hawkins | South Dakota Blackhawks |