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| 2008-01-04 10:00:24 | Edmonton SilverShoes | | Promoted | Alejandro Acosta | Sacramento Rainbow Trout |
| 2008-01-04 10:00:02 | Edmonton SilverShoes | | Promoted | Mark Robinette | Sacramento Rainbow Trout |
| 2008-01-04 09:59:02 | Sacramento Rainbow Trout | | Drop | Russell Carlisle | |
| 2008-01-04 09:55:34 | Sacramento Rainbow Trout | Alejandro Acosta | Add/Drop | | |
| 2008-01-04 09:45:00 | Sacramento Rainbow Trout | | Demoted | Mark Robinette | Edmonton SilverShoes |
| 2008-01-04 09:44:52 | Sacramento Rainbow Trout | | Demoted | Jack Raines | Edmonton SilverShoes |
| 2008-01-04 09:44:46 | Sacramento Rainbow Trout | | Demoted | Russell Carlisle | Edmonton SilverShoes |
| 2008-01-04 09:43:40 | Edmonton SilverShoes | | Promoted | Jack Raines | Sacramento Rainbow Trout |
| 2008-01-04 09:42:28 | Sacramento Rainbow Trout | Giles Ross | Add/Drop | | |
| 2008-01-04 08:37:34 | Salt Lake City Night Hawks | Jeremy Calkins | Add/Drop | Sven Bird | |
| 2008-01-04 08:32:48 | Buffalo Bombers | | Promoted | Dallas Herron | Louisville Colonels |
| 2008-01-04 08:32:14 | Salt Lake City Night Hawks | Sven Bird | Add/Drop | LeRon Voss | |
| 2008-01-04 08:31:48 | Louisville Colonels | | Demoted | Dallas Herron | Buffalo Bombers |
| 2008-01-04 03:32:00 | Indianapolis Tornadoes | Lee Crenshaw | Acquired via trade | Marty Young | Salt Lake City Night Hawks |
| 2008-01-04 03:30:00 | Denver Ferris Wheels | Kerry Peek | Acquired via trade | 3rd round pick in season 19 | San Francisco Golden Gators |
| 2008-01-03 23:47:50 | Atlanta Eels | | Drop | Alexandre Moos | |
| 2008-01-03 23:46:38 | Tampa Runner-ups | | Promoted | Alexandre Moos | Atlanta Eels |
| 2008-01-03 19:53:48 | Milwaukee Sundancers | | Demoted | Daniel Pharr | Winnipeg Warriors |
| 2008-01-03 18:55:16 | Winnipeg Warriors | | Promoted | Clinton Mitzel | Milwaukee Sundancers |
| 2008-01-03 18:54:40 | Milwaukee Sundancers | | Demoted | Elwin Schultz | Winnipeg Warriors |
| 2008-01-03 12:24:20 | Salt Lake City Night Hawks | LeRon Voss | Add/Drop | Lamond Farnsley | |
| 2008-01-03 12:16:24 | Salt Lake City Night Hawks | Andre Roller | Add/Drop | | |
| 2008-01-03 12:15:42 | Salt Lake City Night Hawks | Peter Cooke | Add/Drop | | |
| 2008-01-03 12:10:02 | Toronto Huskies | | Promoted | Kurt Phillips | Salt Lake City Night Hawks |
| 2008-01-03 11:43:10 | Portland Hipsters | | Demoted | Theodore Block | Montreal Ice Cats |