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| 2008-04-27 14:50:34 | Cleveland Weasels | | Demoted | Joshua Bryant | Pittsburgh Berserkers |
| 2008-04-27 14:49:54 | Pittsburgh Berserkers | | Promoted | Patrick Bell | Cleveland Weasels |
| 2008-04-27 14:39:14 | Cleveland Weasels | | Demoted | Don Thompson | Pittsburgh Berserkers |
| 2008-04-27 14:38:44 | Cleveland Weasels | | Demoted | Kristopher Diaz | Pittsburgh Berserkers |
| 2008-04-27 14:35:06 | Philadelphia Assassins | | Demoted | Mitch Kramer | South Dakota Blackhawks |
| 2008-04-27 14:03:06 | Montreal Ice Cats | | Promoted | Amos Maier | Portland Hipsters |
| 2008-04-27 14:02:56 | Montreal Ice Cats | | Promoted | Willie Mays Hayes | Portland Hipsters |
| 2008-04-27 14:01:12 | Houston Octopods | | Demoted | Charles Chadwick | Syracuse River Rats |
| 2008-04-27 14:00:58 | Houston Octopods | | Demoted | LeeRoy Bishop | Syracuse River Rats |
| 2008-04-27 14:00:58 | Portland Hipsters | | Demoted | Clinton Payton | Montreal Ice Cats |
| 2008-04-27 14:00:46 | Portland Hipsters | | Demoted | Francisco Tyner | Montreal Ice Cats |
| 2008-04-27 14:00:42 | Houston Octopods | | Demoted | Brian Albertson | Syracuse River Rats |
| 2008-04-27 14:00:24 | Houston Octopods | | Demoted | Steven Durant | Syracuse River Rats |
| 2008-04-27 14:00:10 | Houston Octopods | | Demoted | Spencer Hawes | Syracuse River Rats |
| 2008-04-27 13:59:52 | Portland Hipsters | | Demoted | Chad Ezell | Montreal Ice Cats |
| 2008-04-27 13:59:42 | Portland Hipsters | | Demoted | Chad McNelly | Montreal Ice Cats |
| 2008-04-27 13:59:32 | Portland Hipsters | | Demoted | Jeff Mason | Montreal Ice Cats |
| 2008-04-27 13:59:16 | Portland Hipsters | | Demoted | Albert Valverde | Montreal Ice Cats |
| 2008-04-27 13:06:00 | Louisville Colonels | Jeremy Calkins | Acquired via trade | 1st round pick in season 22 | Salt Lake City Night Hawks |
| 2008-04-27 13:04:00 | Indianapolis Tornadoes | Rusty Brewster | Acquired via trade | | Louisville Colonels |
| 2008-04-27 13:02:00 | Salt Lake City Night Hawks | Vincent Byers | Acquired via trade | Toby Quisenberry | Indianapolis Tornadoes |
| 2008-04-27 13:02:00 | Salt Lake City Night Hawks | 1st round pick in season 22 | Acquired via trade | | Indianapolis Tornadoes |
| 2008-04-27 13:00:00 | Salt Lake City Night Hawks | 1st round pick in season 19 | Acquired via trade | 1st round pick in season 19 | Phoenix Kangaroos |
| 2008-04-27 13:00:00 | Salt Lake City Night Hawks | 1st round pick in season 19 | Acquired via trade | | Phoenix Kangaroos |
| 2008-04-27 13:00:00 | Salt Lake City Night Hawks | 1st round pick in season 19 | Acquired via trade | | Phoenix Kangaroos |