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| 2005-09-26 12:55:58 | Buffalo Bombers | | Drop | Leo Heath | |
| 2005-09-25 16:46:50 | Chicago Hilltoppers | | Drop | George Oates | |
| 2005-09-25 16:46:40 | Chicago Hilltoppers | | Drop | Neal Cecil | |
| 2005-09-25 14:46:34 | Caracas Crocodiles | Derrick Thomas | Add/Drop | | |
| 2005-09-25 14:32:18 | Caracas Crocodiles | Antony Berka | Add/Drop | | |
| 2005-09-24 22:36:00 | St. Louis 5th Alarm | Ricoh McDaniel | Acquired via trade | Dakota Neville | New Orleans Hurricanes |
| 2005-09-24 22:36:00 | St. Louis 5th Alarm | 1st round pick in season 12 | Acquired via trade | 2nd round pick in season 12 | New Orleans Hurricanes |
| 2005-09-24 22:36:00 | St. Louis 5th Alarm | 2nd round pick in season 12 | Acquired via trade | | New Orleans Hurricanes |
| 2005-09-24 13:16:30 | Hartford Hebrew Hammers | Ken Strange | Add/Drop | | |
| 2005-09-24 06:01:02 | Cleveland Weasels | | Drop | Jay Slater | |
| 2005-09-24 03:53:04 | St. Louis 5th Alarm | | Drop | Kareem Summitt | |
| 2005-09-23 22:24:00 | New York Warriors | 1st round pick in season 12 | Acquired via trade | Giles Howe | Indianapolis Tornadoes |
| 2005-09-23 22:22:00 | St. Louis 5th Alarm | 3rd round pick in season 14 | Acquired via trade | Lamont Hayden | Louisville Colonels |
| 2005-09-23 22:22:00 | St. Louis 5th Alarm | 3rd round pick in season 14 | Acquired via trade | | Louisville Colonels |
| 2005-09-23 14:38:06 | San Francisco Golden Gators | Kyle Skinner | Add/Drop | | |
| 2005-09-23 12:05:38 | Sao Paulo Jackalopes | Derek Summitt | Add/Drop | | |
| 2005-09-23 09:01:42 | Los Angeles Cacti | | Drop | Greg Booth | |
| 2005-09-23 08:53:24 | Quebec Buzz | Colby Ransdell | Add/Drop | | |
| 2005-09-23 07:07:36 | Charlotte Rangers | Denzel Hopkins | Add/Drop | Jesper Dobson | |
| 2005-09-22 23:02:00 | San Francisco Golden Gators | 1st round pick in season 12 | Acquired via trade | Tobiah Gray | Cleveland Weasels |
| 2005-09-22 23:02:00 | San Francisco Golden Gators | 1st round pick in season 13 | Acquired via trade | 3rd round pick in season 12 | Cleveland Weasels |
| 2005-09-22 23:00:00 | Louisville Colonels | Josh Richardson | Acquired via waivers | Owen Dahlem | Waiver |
| 2005-09-21 12:13:08 | San Francisco Golden Gators | Monty Hacker | Add/Drop | Petie Unterreiner | |
| 2005-09-20 03:05:20 | Louisville Colonels | T.J. Graf | Add/Drop | | |
| 2005-09-20 03:03:10 | Louisville Colonels | Brendan Schmidt | Add/Drop | Kurt Norwood | |