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| 2006-08-19 12:22:00 | San Antonio Brothas | Spencer Downey | Acquired via trade | 1st round pick in season 16 | Philadelphia Assassins |
| 2006-08-19 12:22:00 | San Antonio Brothas | Irving Currie | Acquired via trade | Leo Richard | Philadelphia Assassins |
| 2006-08-19 12:22:00 | San Antonio Brothas | Nicolas Olsen | Acquired via trade | Cade Chambers | Philadelphia Assassins |
| 2006-08-19 12:20:00 | Atlanta Eels | Tracey Cannon | Acquired via trade | 1st round pick in season 14 | Phoenix Kangaroos |
| 2006-08-19 12:20:00 | Atlanta Eels | Alexander Black | Acquired via trade | | Phoenix Kangaroos |
| 2006-08-18 16:26:00 | Charlotte Rangers | 1st round pick in season 14 | Acquired via trade | 1st round pick in season 14 | Los Angeles Cacti |
| 2006-08-18 16:26:00 | Charlotte Rangers | 1st round pick in season 14 | Acquired via trade | | Los Angeles Cacti |
| 2006-08-18 16:26:00 | Charlotte Rangers | 1st round pick in season 15 | Acquired via trade | | Los Angeles Cacti |
| 2006-08-18 16:26:00 | Charlotte Rangers | Nate Westerfield | Acquired via trade | | Los Angeles Cacti |
| 2006-08-18 16:24:00 | Boston Bannerman | Maxwell Tharp | Acquired via trade | 1st round pick in season 14 | Los Angeles Cacti |
| 2006-08-18 16:24:00 | Boston Bannerman | Elliott Guerra | Acquired via trade | 1st round pick in season 15 | Los Angeles Cacti |
| 2006-08-18 16:24:00 | Boston Bannerman | Charles Conner | Acquired via trade | | Los Angeles Cacti |
| 2006-08-18 16:22:00 | Phoenix Kangaroos | 1st round pick in season 14 | Acquired via trade | Curtis Deal | Philadelphia Assassins |
| 2006-08-18 16:22:00 | Phoenix Kangaroos | Alexander Black | Acquired via trade | Casey Gall | Philadelphia Assassins |
| 2006-08-18 16:22:00 | Phoenix Kangaroos | 1st round pick in season 16 | Acquired via trade | | Philadelphia Assassins |
| 2006-08-18 16:20:00 | Phoenix Kangaroos | LeRon Voss | Acquired via trade | 1st round pick in season 16 | Las Vegas Dark Knights |
| 2006-08-18 16:18:00 | Seattle Cougars | 1st round pick in season 15 | Acquired via trade | 1st round pick in season 14 | Los Angeles Cacti |
| 2006-08-18 16:16:00 | Louisville Colonels | 1st round pick in season 14 | Acquired via trade | 1st round pick in season 15 | Seattle Cougars |
| 2006-08-18 16:16:00 | Louisville Colonels | 2nd round pick in season 14 | Acquired via trade | 2nd round pick in season 16 | Seattle Cougars |
| 2006-08-18 16:16:00 | Louisville Colonels | 2nd round pick in season 16 | Acquired via trade | | Seattle Cougars |
| 2006-08-18 16:14:00 | Los Angeles Cacti | 1st round pick in season 14 | Acquired via trade | Tex Kelly | San Francisco Golden Gators |
| 2006-08-18 16:14:00 | Los Angeles Cacti | 1st round pick in season 14 | Acquired via trade | | San Francisco Golden Gators |
| 2006-08-18 16:12:00 | Dallas Hounds | 1st round pick in season 14 | Acquired via trade | Fairleigh Rehm | Denver Ferris Wheels |
| 2006-08-18 16:12:00 | Dallas Hounds | 2nd round pick in season 14 | Acquired via trade | | Denver Ferris Wheels |
| 2006-08-18 16:10:00 | San Francisco Golden Gators | Kyle Willoughby | Acquired via trade | Solomon Gilkey | Indianapolis Tornadoes |