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| 2006-10-09 14:37:14 | Cleveland Weasels | | Drop | Craig McGovern | |
| 2006-10-09 13:01:44 | Louisville Colonels | Duane Lane | Add/Drop | Delroy Pollard | |
| 2006-10-09 12:54:36 | Louisville Colonels | Delroy Pollard | Add/Drop | Kurt Fraser | |
| 2006-10-09 03:25:54 | San Antonio Brothas | | Drop | Damien Childers | |
| 2006-10-08 21:04:00 | Philadelphia Assassins | David Cunningham | Acquired via trade | Chris Higgins | San Antonio Brothas |
| 2006-10-08 21:04:00 | Philadelphia Assassins | Malcolm Reynolds | Acquired via trade | Greg Steinmetz | San Antonio Brothas |
| 2006-10-08 21:04:00 | Philadelphia Assassins | Kerry A. Edwards | Acquired via trade | Sven Bird | San Antonio Brothas |
| 2006-10-08 21:02:00 | Memphis Express | Dylan Kincaid | Acquired via trade | 2nd round pick in season 17 | San Antonio Brothas |
| 2006-10-08 21:00:00 | Memphis Express | Ed Fletcher | Acquired via trade | Pete Haggard | New York Warriors |
| 2006-10-08 21:00:00 | Memphis Express | 2nd round pick in season 15 | Acquired via trade | | New York Warriors |
| 2006-10-08 20:14:38 | Sacramento Rainbow Trout | Jawan Holsclaw | Add/Drop | | |
| 2006-10-08 19:57:06 | Sacramento Rainbow Trout | | Drop | Stacey Derr | |
| 2006-10-08 19:52:46 | Sacramento Rainbow Trout | | Drop | Jacques Henry | |
| 2006-10-08 09:09:14 | Louisville Colonels | | Drop | Josh Richardson | |
| 2006-10-07 23:39:36 | San Antonio Brothas | Wally Lacefield | Add/Drop | | |
| 2006-10-07 23:10:44 | San Antonio Brothas | | Drop | Dylan Bratcher | |
| 2006-10-07 22:52:34 | San Antonio Brothas | Dylan Bratcher | Add/Drop | Isiah Whelan | |
| 2006-10-07 22:43:36 | San Antonio Brothas | | Drop | Gregor Davies | |
| 2006-10-07 18:08:00 | Los Angeles Cacti | 1st round pick in season 15 | Acquired via trade | Shane Meek | Cleveland Weasels |
| 2006-10-07 18:08:00 | Los Angeles Cacti | 1st round pick in season 16 | Acquired via trade | Samuel Hess | Cleveland Weasels |
| 2006-10-07 18:08:00 | Los Angeles Cacti | Jamal Bickett | Acquired via trade | | Cleveland Weasels |
| 2006-10-07 18:06:00 | Phoenix Kangaroos | 1st round pick in season 15 | Acquired via trade | Herschel Eads | Houston Octopods |
| 2006-10-07 18:06:00 | Phoenix Kangaroos | 1st round pick in season 15 | Acquired via trade | | Houston Octopods |
| 2006-10-07 18:06:00 | Phoenix Kangaroos | Al Lipscomb | Acquired via trade | | Houston Octopods |
| 2006-10-07 18:04:00 | Memphis Express | Jarvis Willman | Acquired via trade | 1st round pick in season 16 | Indianapolis Tornadoes |