| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| T. Hundley | C | $10,250,000 | 2007 | 4 years left | | 12 years |
| T. Martinez | 1B | $8,500,000 | 2005 | 2 years left | | 12 years |
| J. Nunnally | RF | $8,450,000 | 2005 | 2 years left | | 8 years |
| M. Cuyler | CF | $7,546,381 | 2005 | 2 years left | | 13 years |
| A. Sele | SP | $6,840,000 | 2008 | 5 years left | | 11 years |
| D. Jeter | SS | $6,630,000 | 2005 | 2 years left | | 8 years |
| R. Springer | MR | $6,420,420 | 2004 | 1 years left | Free agent after this season! | 10 years |
| G. Jenkins | LF | $4,278,571 | 2004 | 1 years left | Arbitration (Estimate: $3,630,000), could become Free Agent with 146 more days of service this year. | 5 years |
| J. Browne | 3B | $4,250,000 | 2004 | 1 years left | Free agent after this season! | 11 years |
| C. Ogea | SP | $3,750,000 | 2005 | 2 years left | | 8 years |
| R. Mejia | 2B | $3,230,000 | 2006 | 3 years left | | 7 years |
| O. Dotel | SP | $2,564,286 | 2004 | 1 years left | Arbitration (Estimate: $2,090,000), could become Free Agent with 6 more days of service this year. | 5 years |
| M. Matheny | C | $1,342,857 | 2004 | 1 years left | Arbitration (Estimate: $300,000), could become Free Agent with 142 more days of service this year. | 5 years |
| K. Glauber | MR | $1,131,429 | 2004 | 1 years left | Free agent after this season! | 6 years |
| R. Belliard | 2B | $938,571 | 2004 | 1 years left | Arbitration (Estimate: $990,000), could become Free Agent with 27 more days of service this year. | 5 years |
| I. Valdes | MR | $850,000 | 2004 | 1 years left | Extension signed. | 6 years |
| D. Wheeler | MR | $350,000 | 2004 | 1 years left | Arbitration (Estimate: $300,000) | 3 years |
| A. Echevarria | LF | $350,000 | 2004 | 1 years left | Arbitration (Estimate: $300,000) | 3 years |
| M. Prior | SP | $300,000 | 2004 | 1 years left | Possible Arbitration, 40 more days of service needed this year. | 2 years |
| J. Peavy | SP | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $5,250,000) | 3 years |
| S. Burroughs | RF | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| R. Betancourt | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| J. Bong | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| R. Bukvich | MR | $300,000 | 2004 | 1 years left | Possible Arbitration, 172 more days of service needed this year. | 2 years |
| J. Hill | CL | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| Y. Torrealba | C | $300,000 | 2004 | 1 years left | Possible Arbitration, 172 more days of service needed this year. | 2 years |
| M. Ensberg | 3B | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $300,000) | 3 years |
| E. Ramirez | MR | $300,000 | 2004 | 1 years left | Possible Arbitration, 172 more days of service needed this year. | 2 years |
| M. Suzuki | MR | Minor-League-Contract | - | - | | 0 years |
| S. Pond | CF | Minor-League-Contract | - | - | | 0 years |
| M. Blank | MR | Minor-League-Contract | - | - | | 0 years |
| B. Wolcott | SP | Minor-League-Contract | - | - | | 0 years |
| A. Pena | C | Minor-League-Contract | - | - | | 0 years |
| L. Prokopec | SP | Minor-League-Contract | - | - | | 0 years |
| J. Blanton | MR | Minor-League-Contract | - | - | | 0 years |
| F. Lankford | MR | Minor-League-Contract | - | - | | 0 years |
| C. Cali | MR | Minor-League-Contract | - | - | | 0 years |
| J. Borowski | MR | Minor-League-Contract | - | - | | 0 years |
| M. Heathcott | MR | Minor-League-Contract | - | - | | 1 years |
| B. Ausmus | C | Minor-League-Contract | - | - | | 8 years |
| B. Falkenborg | MR | Minor-League-Contract | - | - | | 0 years |
| D. Reichert | SP | Minor-League-Contract | - | - | | 0 years |
| K. Hill | 2B | Minor-League-Contract | - | - | | 0 years |
| B. Hebson | MR | Minor-League-Contract | - | - | | 0 years |
| D. Murray | MR | Minor-League-Contract | - | - | | 0 years |
| T. Christman | MR | Minor-League-Contract | - | - | | 0 years |
| W. Bloomquist | SS | Minor-League-Contract | - | - | | 0 years |
| G. Murray | RF | Minor-League-Contract | - | - | | 0 years |
| M. Hessman | 1B | Minor-League-Contract | - | - | | 0 years |
| K. Williams | LF | Minor-League-Contract | - | - | | 0 years |
| R. Branyan | 3B | Minor-League-Contract | - | - | | 0 years |
| B. Kielty | CF | Minor-League-Contract | - | - | | 0 years |
| T. Evans | 3B | Minor-League-Contract | - | - | | 0 years |
| S. Maloney | MR | Minor-League-Contract | - | - | | 0 years |
| R. Freel | 2B | Minor-League-Contract | - | - | | 0 years |
| E. Valent | LF | Minor-League-Contract | - | - | | 0 years |
| J. Fernandez | SP | Minor-League-Contract | - | - | | 1 years |
| L. Lopez | 3B | Minor-League-Contract | - | - | | 0 years |
| A. Abad | 1B | Minor-League-Contract | - | - | | 0 years |
| J. Morneau | 1B | Minor-League-Contract | - | - | | 0 years |
| W. Franklin | MR | Minor-League-Contract | - | - | | 0 years |
| L. Allen | RF | Minor-League-Contract | - | - | | 0 years |
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