| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| J. Dimaggio | CF | $16,260,000 | 1953 | 3 years left | | 13 years |
| J. Mize | 1B | $9,020,000 | 1951 | 1 years left | Free agent after this season! | 13 years |
| E. Johnson | MR | $6,500,000 | 1954 | 4 years left | | 8 years |
| B. Pierce | SP | $6,390,000 | 1951 | 1 years left | Automatic Resign. | 5 years |
| Y. Berra | C | $5,700,000 | 1951 | 1 years left | Extension signed. | 6 years |
| T. Henrich | RF | $5,520,000 | 1951 | 1 years left | Free agent after this season! | 11 years |
| B. Wight | SP | $5,220,000 | 1953 | 3 years left | | 6 years |
| H. Bauer | LF | $4,920,000 | 1953 | 3 years left | | 4 years |
| J. Lindell | CF | $4,810,000 | 1953 | 3 years left | | 9 years |
| A. Reynolds | SP | $4,780,000 | 1954 | 4 years left | | 10 years |
| E. Lopat | SP | $4,430,000 | 1952 | 2 years left | | 8 years |
| B. Johnson | 3B | $3,410,000 | 1952 | 2 years left | | 7 years |
| J. Page | CL | $3,280,000 | 1951 | 1 years left | Extension signed. | 8 years |
| V. Raschi | SP | $3,000,000 | 1952 | 2 years left | | 6 years |
| P. Rizzuto | SS | $2,740,000 | 1951 | 1 years left | Free agent after this season! | 8 years |
| F. Sanford | MR | $2,500,000 | 1953 | 3 years left | | 7 years |
| J. Bloodworth | 2B | $300,000 | 1953 | 3 years left | | 11 years |
| P. Caballero | 2B | $300,000 | 1955 | 5 years left | | 6 years |
| J. Coleman | 2B | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| J. Collins | 1B | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| J. Delsing | CF | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| M. Mantle | CF | $150,000 | 1951 | 1 years left | Automatic Resign. | 0 years |
| R. Wilson | C | $150,000 | 1951 | 1 years left | Automatic Resign. | 0 years |
| J. Pearce | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 1 years |
| R. Houk | C | $150,000 | 1951 | 1 years left | Automatic Resign. | 4 years |
| J. Jensen | RF | $150,000 | 1951 | 1 years left | Automatic Resign. | 2 years |
| W. Ford | SP | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| D. Johnson | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| E. Kazak | 3B | $150,000 | 1951 | 1 years left | Automatic Resign. | 2 years |
| C. Silvera | C | $150,000 | 1951 | 1 years left | Automatic Resign. | 3 years |
| D. Madison | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 2 years |
| J. Dyck | LF | $150,000 | 1951 | 1 years left | Automatic Resign. | 0 years |
| P. Lapalme | MR | $150,000 | 1951 | 1 years left | Automatic Resign. | 0 years |
| J. Brideweser | SS | Minor-League-Contract | - | - | | 0 years |
| W. Miranda | RF | Minor-League-Contract | - | - | | 0 years |
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