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| 2005-09-08 05:01:38 | Louisville Colonels | | Drop | Mookie Simon | |
| 2005-09-08 04:19:16 | Milwaukee Sundancers | Tyler Byrne | Add/Drop | Lamar Bryant | |
| 2005-09-08 04:16:18 | Milwaukee Sundancers | | Drop | Steve Schutz | |
| 2005-09-08 03:23:46 | New York Warriors | | Drop | Tracy Kiper | |
| 2005-09-08 03:23:08 | New York Warriors | | Drop | Roger Dupay | |
| 2005-09-08 03:18:30 | Montreal Ice Cats | | Drop | Lashawn Denzik | |
| 2005-09-08 03:14:32 | Portland Hipsters | | Drop | Lamont Crain | |
| 2005-09-07 22:40:26 | Little Rock Fighting Farmers | Lewis Richie | Add/Drop | | |
| 2005-09-07 21:46:08 | Little Rock Fighting Farmers | | Drop | Brevin Sauer | |
| 2005-09-07 21:45:22 | Little Rock Fighting Farmers | | Drop | Ervin Gadlage | |
| 2005-09-07 21:26:16 | Little Rock Fighting Farmers | | Drop | Macauley Rowe | |
| 2005-09-07 20:50:12 | Toronto Huskies | | Drop | Chase Salmon | |
| 2005-09-07 20:43:10 | Salt Lake City Night Hawks | | Drop | Marcane Shalmont | |
| 2005-09-07 20:42:06 | Salt Lake City Night Hawks | | Drop | Kevin Eve | |
| 2005-09-07 20:41:42 | Salt Lake City Night Hawks | | Drop | Marques Clemons | |
| 2005-09-07 20:32:48 | Little Rock Fighting Farmers | | Drop | Avery Berry | |
| 2005-09-07 20:26:16 | Little Rock Fighting Farmers | | Drop | Tandre Dougherty | |
| 2005-09-07 19:47:36 | San Francisco Golden Gators | Giles Leaky | Add/Drop | Marion Doran | |
| 2005-09-07 14:32:50 | Buffalo Bombers | | Drop | Derek Summitt | |
| 2005-09-07 04:52:00 | Louisville Colonels | Terrance Mallory | Acquired via trade | 2nd round pick in season 12 | San Francisco Golden Gators |
| 2005-09-07 04:52:00 | Louisville Colonels | Vinnie Monsour | Acquired via trade | 3rd round pick in season 13 | San Francisco Golden Gators |
| 2005-09-07 04:50:00 | Louisville Colonels | 1st round pick in season 13 | Acquired via trade | Royce Ganote | Milwaukee Sundancers |
| 2005-09-07 04:50:00 | Louisville Colonels | Andre Roller | Acquired via trade | Larry Kummer | Milwaukee Sundancers |
| 2005-09-07 04:50:00 | Louisville Colonels | Monty Hacker | Acquired via trade | | Milwaukee Sundancers |
| 2005-09-07 04:36:00 | Louisville Colonels | Anton Lukas | Acquired via waivers | | TBD |