| Round 3 | ||||
| Date/Time | Number | Team | Traded From | Selection |
| 2/4/06 10:15 AM | 1 | Sidewinders | Sluggers | Dustin Nippert |
| 2/4/06 10:16 AM | 2 | Bandits | Paul Maholm | |
| 2/4/06 10:17 AM | 3 | Phobics | Edison Volquez | |
| 2/4/06 10:18 AM | 4 | Hysteria | Robinson Tejeda | |
| 2/4/06 10:19 AM | 5 | Irish | T. Iguchi | |
| 2/4/06 10:20 AM | 6 | Boulders | Chuck James | |
| 2/4/06 10:21 AM | 7 | Drillers | Rene Rivera | |
| 2/4/06 10:22 AM | 8 | HiSox | Bobby Jenks | |
| 2/4/06 10:23 AM | 9 | Commuters | Clay Hensley | |
| 2/4/06 10:24 AM | 10 | Scorpions | Kangaroos | Ronny Cedeno |
| 2/4/06 10:25 AM | 11 | Blues | Mike Jacobs | |
| 2/4/06 10:26 AM | 12 | Beasts | Craig Hansen | |
| 2/4/06 10:27 AM | 13 | Kangaroos | Scorpions | Mark Teahen |
| 2/4/06 10:28 AM | 14 | Peanuts | Ronny Paulino | |
| 2/4/06 10:29 AM | 15 | Phobics | Anarchists | Seth McClung |
| 2/4/06 10:30 AM | 16 | Skeeters | Brian Moehler | |
| 2/4/06 10:31 AM | 17 | Bandits | Buffalo Chips | Ryan Shealy |
| 2/4/06 10:32 AM | 18 | Vipers | Justin Huber | |
| 2/4/06 10:33 AM | 19 | Scorpions | Force | Ambiorix Burgos |
| 2/4/06 10:34 AM | 20 | Drillers | Hegelians | DJ Carrasco |
| 2/4/06 10:35 AM | 21 | Sluggers | Hens | Brad Thompson |
| 2/4/06 10:36 AM | 22 | Pinnipeds | Yorvit Torrealba | |
| 2/4/06 10:37 AM | 23 | Hysteria | Sidewinders | Tim Stauffer |
| 2/4/06 10:38 AM | 24 | Synthesis | Chris Snelling | |