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| 2005-08-22 06:17:28 | Vancouver Mounties | Garett Underhill | Add/Drop | | |
| 2005-08-22 05:35:56 | Nashville Night Owls | | Drop | Kendall Gomez | |
| 2005-08-22 05:25:16 | Miami Macho Men | Barry Zeitz | Add/Drop | | |
| 2005-08-22 05:16:28 | Miami Macho Men | Cade Chambers | Add/Drop | Flip Raley | |
| 2005-08-21 12:00:00 | New Orleans Hurricanes | Kareem Ingram | Acquired via trade | 1st round pick in season 11 | New York Warriors |
| 2005-08-21 06:06:00 | Kansas City Wildcats | Vince Latham | Acquired via trade | 1st round pick in season 11 | Philadelphia Assassins |
| 2005-08-21 06:06:00 | Kansas City Wildcats | 1st round pick in season 11 | Acquired via trade | | Philadelphia Assassins |
| 2005-08-21 06:04:00 | Philadelphia Assassins | 1st round pick in season 12 | Acquired via trade | Nathaniel Keane | San Antonio Brothas |
| 2005-08-21 06:02:00 | San Diego Sabercats | Giles Fulkerson | Acquired via trade | Tyron Spear | Sacramento Rainbow Trout |
| 2005-08-21 06:02:00 | San Diego Sabercats | 1st round pick in season 11 | Acquired via trade | Quintin Crawford | Sacramento Rainbow Trout |
| 2005-08-21 06:02:00 | San Diego Sabercats | 1st round pick in season 11 | Acquired via trade | | Sacramento Rainbow Trout |
| 2005-08-21 06:00:00 | Philadelphia Assassins | Elliott Maupin | Acquired via trade | Kareem Kendrick | San Antonio Brothas |
| 2005-08-21 06:00:00 | Philadelphia Assassins | Donnell Rich | Acquired via trade | Kordell Kern | San Antonio Brothas |
| 2005-08-20 06:26:00 | Miami Macho Men | 3rd round pick in season 11 | Acquired via trade | Dallas Marsh | Salt Lake City Night Hawks |
| 2005-08-20 06:26:00 | Miami Macho Men | 3rd round pick in season 12 | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-08-20 06:24:00 | Orlando Bombers | Eduardo Brashear | Acquired via trade | 2nd round pick in season 11 | Miami Macho Men |
| 2005-08-20 06:24:00 | Orlando Bombers | 2nd round pick in season 11 | Acquired via trade | 2nd round pick in season 11 | Miami Macho Men |
| 2005-08-20 06:22:00 | Los Angeles Cacti | Tariq Montgomery | Acquired via trade | Len Beam | Salt Lake City Night Hawks |
| 2005-08-20 06:22:00 | Los Angeles Cacti | 1st round pick in season 11 | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-08-20 06:22:00 | Los Angeles Cacti | 1st round pick in season 11 | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-08-20 06:20:00 | St. Louis 5th Alarm | Sid Dauenhauer | Acquired via trade | 1st round pick in season 12 | Salt Lake City Night Hawks |
| 2005-08-20 06:20:00 | St. Louis 5th Alarm | 3rd round pick in season 11 | Acquired via trade | | Salt Lake City Night Hawks |
| 2005-07-16 06:32:08 | St. Louis 5th Alarm | Sheldon Parsons | Add/Drop | | |
| 2005-07-15 04:28:12 | San Antonio Brothas | Tommy Hancock | Add/Drop | David Campbell | |
| 2005-07-15 04:24:28 | San Antonio Brothas | Frank Hardin | Add/Drop | | |