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| 2005-12-30 04:28:52 | Denver Ferris Wheels | | Drop | Kirk Schell | |
| 2005-12-30 01:08:10 | Philadelphia Assassins | Tyrone Robinson | Add/Drop | | |
| 2005-12-30 00:20:36 | San Antonio Brothas | Trent Troutman | Add/Drop | | |
| 2005-12-29 11:26:02 | Indianapolis Tornadoes | Pablo Foote | Add/Drop | | |
| 2005-12-29 11:07:24 | Indianapolis Tornadoes | | Drop | Jared Ogden | |
| 2005-12-29 11:00:26 | Indianapolis Tornadoes | | Drop | Tom Waddle | |
| 2005-12-29 06:05:22 | Seattle Cougars | | Drop | Freddie Stevens | |
| 2005-12-29 05:59:36 | Seattle Cougars | | Drop | Kaleb Prewitt | |
| 2005-12-29 05:47:00 | Denver Ferris Wheels | | Drop | Barry Hahn | |
| 2005-12-27 22:49:16 | San Francisco Golden Gators | Darrell Cusick | Add/Drop | Lennox Vogt | |
| 2005-12-27 22:41:44 | San Francisco Golden Gators | Ross Plummer | Add/Drop | | |
| 2005-12-27 21:16:30 | Salt Lake City Night Hawks | | Drop | Rodney Wittmer | |
| 2005-12-27 21:15:14 | Salt Lake City Night Hawks | | Drop | Geoffrey Sheffield | |
| 2005-12-27 21:07:44 | Salt Lake City Night Hawks | Purvis Zeller | Add/Drop | Randall Maher | |
| 2005-12-27 21:06:12 | Salt Lake City Night Hawks | | Drop | Tyron Witten | |
| 2005-12-27 17:03:10 | San Francisco Golden Gators | Ricky Harvey | Add/Drop | | |
| 2005-12-26 23:25:42 | Louisville Colonels | | Drop | Marcel Beam | |
| 2005-12-26 20:23:44 | New Orleans Hurricanes | Tony Wilbert | Add/Drop | | |
| 2005-12-26 18:20:00 | San Francisco Golden Gators | 1st round pick in season 13 | Acquired via trade | Jeff Quiggins | Baltimore Miners |
| 2005-12-26 18:18:00 | Sacramento Rainbow Trout | Mack Hatton | Acquired via trade | 1st round pick in season 15 | Salt Lake City Night Hawks |
| 2005-12-26 18:18:00 | Sacramento Rainbow Trout | Raul Weston | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-12-26 18:16:00 | Memphis Express | Geronimo Downey | Acquired via trade | Lennox Vogt | San Francisco Golden Gators |
| 2005-12-26 18:16:00 | Memphis Express | Moses Delph | Acquired via trade | 1st round pick in season 13 | San Francisco Golden Gators |
| 2005-12-26 18:16:00 | Memphis Express | Kyle Skinner | Acquired via trade | 2nd round pick in season 15 | San Francisco Golden Gators |
| 2005-12-26 14:11:04 | Louisville Colonels | Solomon Garvey | Add/Drop | Tim Patton | |