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| 2005-04-24 05:44:02 | Jacksonville Speed | Mark Kenney | Add/Drop | | |
| 2005-04-24 05:40:10 | Memphis Express | Linus Ingle | Add/Drop | | |
| 2005-04-24 03:23:44 | Las Vegas Dark Knights | Marion Shanks | Add/Drop | | |
| 2005-04-24 03:21:24 | Salt Lake City Night Hawks | Joe Miller | Add/Drop | Alec Pfeiffer | |
| 2005-04-24 03:15:26 | Salt Lake City Night Hawks | Darrick Meek | Add/Drop | Dejuan OReilly | |
| 2005-04-24 02:49:04 | Las Vegas Dark Knights | | Drop | Ellis Ritter | |
| 2005-04-24 02:48:24 | Las Vegas Dark Knights | | Drop | Jacques Henry | |
| 2005-04-24 02:47:56 | Las Vegas Dark Knights | | Drop | Deon Lopez | |
| 2005-04-23 12:20:00 | Los Angeles Cacti | 1st round pick in season 10 | Acquired via trade | Dion Derr | Seattle Cougars |
| 2005-04-23 12:20:00 | Los Angeles Cacti | Antonio Melton | Acquired via trade | | Seattle Cougars |
| 2005-04-23 11:40:00 | Seattle Cougars | Kareem Wilkinson | Acquired via trade | Nicolas Olsen | Boston Bannerman |
| 2005-04-23 11:40:00 | Seattle Cougars | 1st round pick in season 10 | Acquired via trade | | Boston Bannerman |
| 2005-04-23 11:40:00 | Seattle Cougars | 1st round pick in season 11 | Acquired via trade | | Boston Bannerman |
| 2005-04-21 18:00:00 | Seattle Cougars | 1st round pick in season 10 | Acquired via trade | Raphael Zabel | Phoenix Kangaroos |
| 2005-04-21 18:00:00 | Seattle Cougars | 1st round pick in season 10 | Acquired via trade | 3rd round pick in season 12 | Phoenix Kangaroos |
| 2005-04-21 18:00:00 | Seattle Cougars | 1st round pick in season 10 | Acquired via trade | | Phoenix Kangaroos |
| 2005-04-21 18:00:00 | Seattle Cougars | 2nd round pick in season 10 | Acquired via trade | | Phoenix Kangaroos |
| 2005-04-21 18:00:00 | Seattle Cougars | 3rd round pick in season 10 | Acquired via trade | | Phoenix Kangaroos |
| 2005-04-21 18:00:00 | Seattle Cougars | 3rd round pick in season 10 | Acquired via trade | | Phoenix Kangaroos |
| 2005-04-19 23:38:00 | Indianapolis Tornadoes | Tom Waddle | Acquired via trade | Eddie Pickett | St. Louis 5th Alarm |
| 2005-04-19 23:38:00 | Indianapolis Tornadoes | Hubert Elkin | Acquired via trade | | St. Louis 5th Alarm |
| 2005-04-19 23:36:00 | Salt Lake City Night Hawks | 1st round pick in season 10 | Acquired via trade | Damian Teague | Portland Hipsters |
| 2005-04-19 23:34:00 | Phoenix Kangaroos | 1st round pick in season 10 | Acquired via trade | Armon Lang | Salt Lake City Night Hawks |
| 2005-04-19 23:34:00 | Phoenix Kangaroos | 2nd round pick in season 10 | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-04-19 23:34:00 | Phoenix Kangaroos | 3rd round pick in season 10 | Acquired via trade | | Salt Lake City Night Hawks |