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| 2007-08-26 11:30:00 | St. Louis 5th Alarm | 2nd round pick in season 18 | Acquired via trade | 2nd round pick in season 17 | Louisville Colonels |
| 2007-08-26 11:28:00 | Indianapolis Tornadoes | 3rd round pick in season 17 | Acquired via trade | 3rd round pick in season 18 | Kansas City Wildcats |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 1st round pick in season 17 | Acquired via trade | Lester Hetherington | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 1st round pick in season 17 | Acquired via trade | 1st round pick in season 18 | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 2nd round pick in season 17 | Acquired via trade | Walter Hopkins | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 2nd round pick in season 17 | Acquired via trade | 3rd round pick in season 18 | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 3rd round pick in season 17 | Acquired via trade | | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 3rd round pick in season 17 | Acquired via trade | | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | Chase Salmon | Acquired via trade | | Seattle Cougars |
| 2007-08-26 11:26:00 | Los Angeles Cacti | 3rd round pick in season 18 | Acquired via trade | | Seattle Cougars |
| 2007-08-26 11:24:00 | Phoenix Kangaroos | Benoit Merrell | Acquired via trade | Louie Sprinkle | Seattle Cougars |
| 2007-08-26 11:24:00 | Phoenix Kangaroos | Russell Alvarez | Acquired via trade | 1st round pick in season 18 | Seattle Cougars |
| 2007-08-26 11:24:00 | Phoenix Kangaroos | 2nd round pick in season 19 | Acquired via trade | | Seattle Cougars |
| 2007-08-26 11:22:00 | Indianapolis Tornadoes | 3rd round pick in season 17 | Acquired via trade | 3rd round pick in season 19 | Seattle Cougars |
| 2007-08-26 11:20:00 | Salt Lake City Night Hawks | Marcel Waterbury | Acquired via trade | Shaun Logan | Miami Macho Men |
| 2007-08-26 11:20:00 | Salt Lake City Night Hawks | Leon Keen | Acquired via trade | Eric Bird | Miami Macho Men |
| 2007-08-26 11:20:00 | Salt Lake City Night Hawks | 1st round pick in season 17 | Acquired via trade | Gregor Whelan | Miami Macho Men |
| 2007-08-26 10:58:56 | Milwaukee Sundancers | | Demoted | Elwin Schultz | Winnipeg Warriors |
| 2007-08-26 10:58:48 | Milwaukee Sundancers | | Demoted | Leo Pendarvis | Winnipeg Warriors |
| 2007-08-26 10:58:30 | Milwaukee Sundancers | | Demoted | Theodore Block | Winnipeg Warriors |
| 2007-08-26 10:57:54 | Milwaukee Sundancers | | Drop | Torrence Brewster | |
| 2007-08-26 10:57:28 | Milwaukee Sundancers | | Drop | Denny Hash | |
| 2007-08-26 10:46:04 | Salt Lake City Night Hawks | | Demoted | Ted Beasley | Toronto Huskies |
| 2007-08-26 10:40:54 | Toronto Huskies | | Promoted | Ted Beasley | Salt Lake City Night Hawks |
| 2007-08-26 10:40:40 | Toronto Huskies | | Promoted | Marcel Waterbury | Salt Lake City Night Hawks |