| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| D. Nilsson | C | $7,200,000 | 2004 | 1 years left | Free agent after this season! | 12 years |
| E. Yan | SP | $6,000,000 | 2008 | 5 years left | | 4 years |
| K. Lofton | CF | $5,000,000 | 2005 | 2 years left | | 13 years |
| Y. Benitez | LF | $5,000,000 | 2007 | 4 years left | | 7 years |
| M. Hendrickson | SP | $3,000,000 | 2008 | 5 years left | | 1 years |
| M. Grudzielanek | SS | $3,000,000 | 2004 | 1 years left | Extension signed. | 8 years |
| J. Mcdonald | CF | $3,000,000 | 2007 | 4 years left | | 6 years |
| R. Fick | 1B | $3,000,000 | 2008 | 5 years left | | 6 years |
| A. Soriano | 2B | $2,685,714 | 2004 | 1 years left | Arbitration (Estimate: $3,660,000) | 4 years |
| P. Astacio | SP | $2,300,000 | 2005 | 2 years left | | 10 years |
| N. Figueroa | MR | $2,000,000 | 2006 | 3 years left | | 0 years |
| J. Thomson | SP | $1,908,571 | 2004 | 1 years left | Arbitration (Estimate: $340,000) | 4 years |
| J. Abbott | MR | $1,680,000 | 2005 | 2 years left | | 11 years |
| J. Wetteland | CL | $1,400,000 | 2005 | 2 years left | | 16 years |
| M. Mussina | MR | $1,000,000 | 2005 | 2 years left | | 13 years |
| S. Spencer | LF | $500,000 | 2006 | 3 years left | | 6 years |
| C. Loewer | MR | $350,000 | 2004 | 1 years left | Extension signed. | 4 years |
| J. Baughman | 3B | $350,000 | 2004 | 1 years left | Arbitration (Estimate: $670,000) | 4 years |
| P. Munro | SP | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $4,990,000) | 3 years |
| R. Ryan | CF | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| R. Corcoran | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| Y. Molina | C | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| J. Farnsworth | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| M. Mulder | MR | $300,000 | 2004 | 1 years left | Possible Arbitration, 13 more days of service needed this year. | 2 years |
| H. Blalock | 3B | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $4,110,000) | 3 years |
| J. Walker | MR | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $310,000) | 3 years |
| S. Hill | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| J. Smith | SS | $300,000 | 2004 | 1 years left | Possible Arbitration, 99 more days of service needed this year. | 2 years |
| D. Graves | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| R. Jennings | 1B | $300,000 | 2004 | 1 years left | Possible Arbitration, 42 more days of service needed this year. | 2 years |
| J. Anderson | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| B. Broussard | LF | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| D. Jimenez | 2B | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| C. Monroe | RF | $300,000 | 2004 | 1 years left | Possible Arbitration, 77 more days of service needed this year. | 2 years |
| L. Dinardo | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| J. Larue | C | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $1,970,000) | 3 years |
| T. Lunsford | C | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| A. Blanco | 2B | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| C. Ross | LF | Minor-League-Contract | - | - | | 0 years |
| D. Stovall | RF | Minor-League-Contract | - | - | | 0 years |
| M. Wood | MR | Minor-League-Contract | - | - | | 0 years |
| R. Hernandez | SP | Minor-League-Contract | - | - | | 0 years |
| B. League | MR | Minor-League-Contract | - | - | | 0 years |
| D. Brazelton | SP | Minor-League-Contract | - | - | | 0 years |
| R. Gonzalez | RF | Minor-League-Contract | - | - | | 0 years |
| J. Crain | MR | Minor-League-Contract | - | - | | 0 years |
| J. Beimel | MR | Minor-League-Contract | - | - | | 1 years |
| J. Fogg | SP | Minor-League-Contract | - | - | | 0 years |
| E. Dessens | MR | Minor-League-Contract | - | - | | 1 years |
| B. Sampson | MR | Minor-League-Contract | - | - | | 0 years |
| R. Stanifer | MR | Minor-League-Contract | - | - | | 0 years |
| A. Myette | SP | Minor-League-Contract | - | - | | 1 years |
| R. Wagner | CL | Minor-League-Contract | - | - | | 0 years |
| M. Venafro | MR | Minor-League-Contract | - | - | | 2 years |
| B. Inge | C | Minor-League-Contract | - | - | | 0 years |
| B. Tollberg | MR | Minor-League-Contract | - | - | | 0 years |
| M. Ford | SP | Minor-League-Contract | - | - | | 0 years |
| J. Anderson | MR | Minor-League-Contract | - | - | | 0 years |
| A. Torres | CF | Minor-League-Contract | - | - | | 0 years |
| D. Mendez | 1B | Minor-League-Contract | - | - | | 0 years |
| K. Robinson | LF | Minor-League-Contract | - | - | | 0 years |
|