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| 2005-06-06 17:24:34 | Milwaukee Sundancers | | Drop | Luis Detherage | |
| 2005-06-05 22:22:00 | Philadelphia Assassins | Nathaniel Keane | Acquired via trade | Jackson Tabor | San Antonio Brothas |
| 2005-06-05 22:22:00 | Philadelphia Assassins | Kordell Kern | Acquired via trade | 2nd round pick in season 13 | San Antonio Brothas |
| 2005-06-05 22:20:00 | Milwaukee Sundancers | Luis Detherage | Acquired via trade | Erwin Crook | San Antonio Brothas |
| 2005-06-05 22:20:00 | Milwaukee Sundancers | 2nd round pick in season 12 | Acquired via trade | | San Antonio Brothas |
| 2005-06-05 05:43:16 | New York Warriors | | Drop | Darrick Meek | |
| 2005-06-04 04:58:02 | Salt Lake City Night Hawks | | Drop | George Oates | |
| 2005-06-03 23:00:00 | Minneapolis Bricklayers | Dave Steiner | Acquired via trade | Lavon Sheridan | Los Angeles Cacti |
| 2005-06-03 15:30:34 | South Dakota Blackhawks | Jamaal Gooch | Add/Drop | | |
| 2005-06-03 04:42:02 | Winnipeg Warriors | | Drop | Jamaal Garmon | |
| 2005-06-02 22:00:00 | Milwaukee Sundancers | Dennis Irvin | Acquired via trade | Kareem Kendrick | Philadelphia Assassins |
| 2005-06-02 22:00:00 | Milwaukee Sundancers | Dominique Sammons | Acquired via trade | 1st round pick in season 11 | Philadelphia Assassins |
| 2005-06-02 22:00:00 | Milwaukee Sundancers | Dakota Dorsett | Acquired via trade | | Philadelphia Assassins |
| 2005-06-02 17:01:54 | Philadelphia Assassins | Blaine Pope | Add/Drop | | |
| 2005-06-01 20:51:54 | Milwaukee Sundancers | | Drop | Jeff Twyman | |
| 2005-05-31 09:02:28 | Salt Lake City Night Hawks | George Oates | Add/Drop | | |
| 2005-05-30 19:58:24 | Winnipeg Warriors | Rich McCubbins | Add/Drop | | |
| 2005-05-30 18:29:28 | Milwaukee Sundancers | Jerald Lowe | Add/Drop | | |
| 2005-05-30 18:07:30 | Philadelphia Assassins | | Drop | Barry Hahn | |
| 2005-05-30 15:00:36 | Milwaukee Sundancers | | Drop | Wesley Lowe | |
| 2005-05-30 14:41:00 | Milwaukee Sundancers | Wesley Lowe | Add/Drop | | |
| 2005-05-30 13:10:08 | Philadelphia Assassins | Barry Hahn | Add/Drop | Owen Gibbons | |
| 2005-05-30 02:43:28 | Charlotte Rangers | Anton Billings | Add/Drop | | |
| 2005-05-29 22:12:00 | Milwaukee Sundancers | 1st round pick in season 11 | Acquired via trade | Kordell Kern | San Antonio Brothas |
| 2005-05-29 22:12:00 | Milwaukee Sundancers | 2nd round pick in season 12 | Acquired via trade | Lamar Bryant | San Antonio Brothas |