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| 2003-11-06 12:34:20 | Winnipeg Warriors | Roger Miller | Add/Drop | | |
| 2003-11-06 12:07:02 | Milwaukee Sundancers | | Drop | Keegan Buchanan | |
| 2003-11-05 22:59:32 | Tampa Runner-ups | Regis Esterle | Add/Drop | Derek Strader | |
| 2003-11-05 07:47:12 | Atlanta Eels | Carlton Moll | Add/Drop | Paul Weller | |
| 2003-11-05 03:34:36 | San Antonio Brothas | Brandon Hoffman | Add/Drop | Charles Greenwell | |
| 2003-11-04 01:37:56 | Tampa Runner-ups | Jonathan Garcia | Add/Drop | | |
| 2003-11-04 01:31:04 | Atlanta Eels | | Drop | Reece Perkins | |
| 2003-11-02 03:54:32 | Tampa Runner-ups | | Drop | Lee Rodriguez | |
| 2003-11-01 07:43:38 | Calgary Cougars | | Drop | Corby Cotrell | |
| 2003-10-31 15:19:46 | Charlotte Rangers | Vic Roth | Add/Drop | Steve Nix | |
| 2003-10-29 16:35:02 | Birmingham Venom | Jared Ogden | Add/Drop | | |
| 2003-10-29 12:09:36 | Winnipeg Warriors | | Drop | Ricky Money | |
| 2003-10-28 17:05:22 | San Antonio Brothas | Lonnie Grider | Add/Drop | | |
| 2003-10-28 16:40:00 | Salt Lake City Night Hawks | 3rd round pick in season 06 | Acquired via trade | Ross Ellington | Philadelphia Assassins |
| 2003-10-28 16:40:00 | Atlanta Eels | Jordan Stearns | Acquired via trade | John Thorne | Salt Lake City Night Hawks |
| 2003-10-28 16:40:00 | Atlanta Eels | Morty Tackett | Acquired via trade | | Philadelphia Assassins |
| 2003-10-28 16:40:00 | Atlanta Eels | 2nd round pick in season 06 | Acquired via trade | | Philadelphia Assassins |
| 2003-10-28 16:40:00 | Salt Lake City Night Hawks | James Roman | Acquired via trade | | Atlanta Eels |
| 2003-10-28 16:30:00 | Philadelphia Assassins | Vincent Barber | Acquired via trade | | Las Vegas Dark Knights |
| 2003-10-28 16:30:00 | Milwaukee Sundancers | Jackson Tabor | Acquired via trade | Lee Washburn | Boston Bannerman |
| 2003-10-28 16:30:00 | Milwaukee Sundancers | Oliver Veal | Acquired via trade | | Boston Bannerman |
| 2003-10-28 16:30:00 | Boston Bannerman | Kadeem Riordan | Acquired via trade | | Philadelphia Assassins |
| 2003-10-28 16:30:00 | Boston Bannerman | 1st round pick in season 06 | Acquired via trade | | Philadelphia Assassins |
| 2003-10-28 16:30:00 | Las Vegas Dark Knights | Amos Oswald | Acquired via trade | | Boston Bannerman |
| 2003-10-28 16:30:00 | Philadelphia Assassins | 1st round pick in season 06 | Acquired via trade | | Milwaukee Sundancers |