| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| S. Musial | 1B | $9,980,000 | 1954 | 4 years left | | 10 years |
| J. Garagiola | C | $8,500,000 | 1953 | 3 years left | | 6 years |
| H. Brecheen | SP | $7,110,000 | 1952 | 2 years left | | 10 years |
| M. Lanier | SP | $6,010,000 | 1951 | 1 years left | Free agent after this season! | 11 years |
| M. Mcdermott | CL | $5,510,000 | 1953 | 3 years left | | 4 years |
| E. Slaughter | RF | $5,460,000 | 1953 | 3 years left | | 11 years |
| G. Hatton | 3B | $5,200,007 | 1953 | 3 years left | | 6 years |
| H. Walker | CF | $4,810,000 | 1954 | 4 years left | | 10 years |
| T. Wilks | MR | $3,730,000 | 1951 | 1 years left | Free agent after this season! | 7 years |
| R. Munger | SP | $2,910,000 | 1954 | 4 years left | | 8 years |
| M. Marion | SS | $1,840,000 | 1952 | 2 years left | | 12 years |
| E. Miller | SS | $1,700,000 | 1953 | 3 years left | | 14 years |
| D. Rice | C | $1,230,004 | 1952 | 2 years left | | 7 years |
| S. Bilko | 1B | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| J. Hearn | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| K. Johnson | CL | $150,000 | 1951 | 1 years left | Automatic Resign. | 4 years |
| T. Glaviano | 3B | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| C. Diering | CF | $150,000 | 1951 | 1 years left | Automatic Resign. | 5 years |
| B. Howerton | LF | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| H. Rice | LF | $150,000 | 1951 | 1 years left | Automatic Resign. | 4 years |
| H. Taylor | SP | $150,000 | 1951 | 1 years left | Automatic Resign. | 4 years |
| S. Hemus | SS | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| G. Staley | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 5 years |
| D. Gardella | LF | $150,000 | 1951 | 1 years left | Automatic Resign. | 4 years |
| T. Poholsky | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| J. Suchecki | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| F. Martin | SP | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| N. Jones | RF | Minor-League-Contract | - | - | | 4 years |
| D. Bollweg | DH | Minor-League-Contract | - | - | | 1 years |
| R. Nelson | 1B | Minor-League-Contract | - | - | | 1 years |
| L. Kiely | CL | Minor-League-Contract | - | - | | 0 years |
| J. Bucha | C | Minor-League-Contract | - | - | | 1 years |
| C. Boyer | SP | Minor-League-Contract | - | - | | 1 years |
| J. Presko | SP | Minor-League-Contract | - | - | | 0 years |
| C. Connors | 1B | Minor-League-Contract | - | - | | 0 years |
| C. Courtney | C | Minor-League-Contract | - | - | | 0 years |
| C. Deal | SP | Minor-League-Contract | - | - | | 2 years |
| B. Mahoney | MR | Minor-League-Contract | - | - | | 0 years |
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