The Fat Boys send Jim Leyritz to the Space Monkeys in exchange for their 1998 fourth round pick in the free agent draft.

The Fat Boys send John Flaherty to the 66ers in exchange for their 1998 fifth round pick in the free agent draft and a conditional 1999 (fourth or fifth round) pick in the free agent draft.

The Tunnel send Chan Ho Park, Livan Hernandez, Robinson Checo and their 1998 fifth round pick in the free agent draft to the Desperados in exchange for Pedro Martinez, Jeff Frye, Steve Trachsel and $2,100,000 1998 major league cash.

The Fat Boys send the Desperados 1998 seventh round pick in the free agent draft to the Tunnel in exchange for Roberto Kelly.

The Diamond Dogs send their 1998 first round pick in the free agent draft to the Tunnel in exchange for David Cone.

The Land Sharks send their 1999 second round pick in the free agent draft and $500,000 1998 major league cash to the Desperados in exchange for Ellis Burks.

The Monarchs send Dan Wilson and Jon Nunnally to the Tunnel in exchange for Mark Clark and Jose Rosado.

The Monarchs send Matt Lawton and their #5, #7, #9 and #11 drafting slots in the third round of the 1998 Expansion Draft to the River Bandits in exchange for Ruben Rivera.

The Bombers send Marquis Grissom to the Fat Boys as the player to be named later in an earlier trade involving Jim Leyritz, Jeff Conine, Mark Guthrie, Ed Taubensee and John Mabry.

The Tunnel release of Sean Berry was DISALLOWED by the league.

The Fat Boys place Kevin Seitzer on waivers for the purpose of giving him his unconditional release.

The Land Sharks place Fernando Valenzuela on waivers for the purpose of giving him his unconditional release.

The Tunnel places Sean Berry on waivers for the purpose of giving him his unconditional release.

The Tunnel sends Kevin Young and FP Santangelo to the Truckers for Ron Coomer, Gary Gaetti and Doug Bochtler.

The Diamond Dogs send Bernard Gilkey and Terry Adams to the 66ers for Paul Spoljaric, Craig Paquette, Bryce Florie and a 1998 3rd round pick. Florie will return to the 66ers at the end of the season.

The Diamond Dogs send Rob Nen and Tim Crabtree to the Space Monkeys for future 1998 considerations (Reggie Jefferson).

The Space Monkeys send Willie Blair to the Land Sharks for a conditional 1998 #6 pick.

The Truckers send Benito Santiago to the Space Monkeys for Brad Ausmus.

The Purple Eagles send Albert Belle and Jayhawk Owens to the Desperados for Dan Wilson and the Desperados 1998 #2 pick.

The Bombers send Jim Leyritz, three (3) players to be named later and their 1998 3rd round pick to the Fat Boys for Jeff Conine, Mark Guthrie and Ed Taubensee. The players to be named later will be: John Mabry, Ed Taubensee and "Any player of the Bombers choice from their roster - determined within 1 week of the arrival of the 1997 player disk".