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| 2005-08-26 15:31:32 | Denver Ferris Wheels | | Drop | Dean Orange | |
| 2005-08-26 13:21:04 | Caracas Crocodiles | | Drop | Stewart Riordan | |
| 2005-08-26 10:04:38 | Nashville Night Owls | | Drop | Terrance Conway | |
| 2005-08-26 04:44:00 | Phoenix Kangaroos | Rusty Brewster | Acquired via trade | Ricky Zoeller | Miami Macho Men |
| 2005-08-26 04:44:00 | Phoenix Kangaroos | Jesse Hart | Acquired via trade | 2nd round pick in season 12 | Miami Macho Men |
| 2005-08-26 04:44:00 | Phoenix Kangaroos | 2nd round pick in season 12 | Acquired via trade | | Miami Macho Men |
| 2005-08-26 04:42:00 | Salt Lake City Night Hawks | 1st round pick in season 13 | Acquired via trade | Armon Lang | Miami Macho Men |
| 2005-08-26 04:42:00 | Salt Lake City Night Hawks | Ted Beasley | Acquired via trade | Kadeem Riordan | Miami Macho Men |
| 2005-08-26 04:42:00 | Salt Lake City Night Hawks | 3rd round pick in season 13 | Acquired via trade | | Miami Macho Men |
| 2005-08-26 04:40:00 | Miami Macho Men | Tony Lawrence | Acquired via trade | Eric Reeves | Indianapolis Tornadoes |
| 2005-08-26 04:40:00 | Miami Macho Men | 2nd round pick in season 12 | Acquired via trade | | Indianapolis Tornadoes |
| 2005-08-26 02:54:30 | San Francisco Golden Gators | Antony Berka | Add/Drop | Butch Fitzgerald | |
| 2005-08-24 06:59:50 | Miami Macho Men | Richie Peyton | Add/Drop | | |
| 2005-08-24 06:52:54 | Nashville Night Owls | | Drop | Huey Aubrey | |
| 2005-08-23 23:37:24 | San Francisco Golden Gators | Avery Berry | Add/Drop | Jontae Masters | |
| 2005-08-23 10:13:44 | South Dakota Blackhawks | Cherokee McCubbins | Add/Drop | | |
| 2005-08-23 01:08:22 | San Francisco Golden Gators | Deon Lopez | Add/Drop | Clinton Daftery | |
| 2005-08-23 00:22:04 | San Francisco Golden Gators | Gabby Kuntz | Add/Drop | Hubie Embry | |
| 2005-08-22 18:52:00 | Memphis Express | 1st round pick in season 12 | Acquired via trade | Nelson Kiefer | Milwaukee Sundancers |
| 2005-08-22 18:52:00 | Memphis Express | Steve Meade | Acquired via trade | | Milwaukee Sundancers |
| 2005-08-22 18:50:00 | Milwaukee Sundancers | Konrad Bradley | Acquired via trade | Dennis Irvin | Philadelphia Assassins |
| 2005-08-22 15:27:44 | South Dakota Blackhawks | Dakota Collins | Add/Drop | | |
| 2005-08-22 15:16:28 | Philadelphia Assassins | | Drop | Johnnie Riggins | |
| 2005-08-22 15:15:02 | Philadelphia Assassins | | Drop | Charles Mayer | |
| 2005-08-22 12:59:00 | Quebec Buzz | | Drop | Pablo Macklin | |