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| 2007-05-03 22:43:36 | San Francisco Golden Gators | | Drop | Emil Sorrell | |
| 2007-05-03 22:38:52 | San Francisco Golden Gators | | Drop | Dirk Dawson | |
| 2007-05-03 22:37:28 | San Francisco Golden Gators | | Drop | Edgar Walden | |
| 2007-05-03 22:27:44 | San Francisco Golden Gators | | Drop | Albert Dennis | |
| 2007-05-03 22:26:36 | San Francisco Golden Gators | | Drop | Nate Ringo | |
| 2007-05-03 22:24:28 | San Francisco Golden Gators | | Drop | Klaus Dietz | |
| 2007-05-03 22:23:28 | San Francisco Golden Gators | | Drop | Ray Riley | |
| 2007-05-03 22:10:58 | Cleveland Weasels | | Demoted | Flip Maxwell | Pittsburgh Berserkers |
| 2007-05-03 22:10:42 | San Antonio Brothas | | Drop | Jaquan Saylor | |
| 2007-05-03 22:05:48 | San Antonio Brothas | | Demoted | James Fraser | Calgary Cougars |
| 2007-05-03 21:02:00 | Sacramento Rainbow Trout | Ethan Hamm | Acquired via waivers | | Free Agents |
| 2007-05-03 21:02:00 | Indianapolis Tornadoes | Brett Scherer | Acquired via waivers | | Free Agents |
| 2007-05-03 21:02:00 | Indianapolis Tornadoes | Luc Francis | Acquired via waivers | | Free Agents |
| 2007-05-03 21:00:00 | Philadelphia Assassins | 1st round pick in season 19 | Acquired via trade | Thomas Flutie | San Antonio Brothas |
| 2007-05-03 21:00:00 | Philadelphia Assassins | 2nd round pick in season 18 | Acquired via trade | James Fraser | San Antonio Brothas |
| 2007-05-03 21:00:00 | Philadelphia Assassins | Joao Cavalheiro | Acquired via trade | | San Antonio Brothas |
| 2007-05-03 20:20:20 | Toronto Huskies | | Promoted | Lawrence Adams | Salt Lake City Night Hawks |
| 2007-05-03 20:19:58 | Salt Lake City Night Hawks | | Demoted | Derek Cook | Toronto Huskies |
| 2007-05-03 20:02:18 | Philadelphia Assassins | Austin Konetski | Add/Drop | | |
| 2007-05-03 20:00:16 | Philadelphia Assassins | | Drop | Wayne Finley | |
| 2007-05-03 19:59:14 | Philadelphia Assassins | Wayne Finley | Add/Drop | | |
| 2007-05-03 18:45:46 | Cincinnati Skyliners | | Drop | Merv Goldman | |
| 2007-05-03 18:35:18 | Cincinnati Skyliners | | Drop | Anthony Kinard | |
| 2007-05-03 18:34:14 | Cincinnati Skyliners | | Demoted | Keegan Venhoff | Sao Paulo Jackalopes |
| 2007-05-03 18:33:08 | Memphis Express | | Drop | Jody Burnett | |