| Pos | Player (Team) | This Yr | Yrs Left | Raise |
|---|
| OF | Ashburn, Richie
(Loons) | $13 | FA | |
| SP | Barney, Rex
(Iron Pigs) | $10 | FA | |
| SP | Blackwell, Ewell
(Rockhoppers) | $11 | FA | |
| SS | Boudreau, Lou
(Islanders) | $15 | FA | |
| RP | Branch, Norm
(Sea Turtles) | $12 | FA | |
| 3B | Brown, Bobby
(Kool Kats) | $7 | FA | |
| SS | Carrasquel, Chico
(Iron Pigs) | $5 | FA | |
| 1B | Cavarretta, Phil
(Rockhoppers) | $13 | FA | |
| OF | Cerv, Bob
(Kool Kats) | $11 | FA | |
| OF | Colavito, Rocky
(Hammers) | $10 | FA | |
| SP | Cooper, Mort
(Islanders) | $16 | FA | |
| C | Dickey, Bill
(Hens) | $15 | FA | |
| RP | Dorish, Harry
(Hens) | $7 | FA | |
| SP | Feller, Bob
(Loons) | $10 | FA | |
| SP | Gomez, Ruben
(Iron Pigs) | $11 | FA | |
| 2B | Gordon, Joe
(Stompers) | $15 | FA | |
| OF | Greenberg, Hank
(Loons) | $10 | FA | |
| SP | Hacker, Warren
(Tractors) | $16 | FA | |
| OF | Hermanski, Gene
(Loons) | $8 | FA | |
| 1B | Hodges, Gil
(Hammers) | $9 | FA | |
| SP | Hoeft, Billy
(Sea Turtles) | $11 | FA | |
| OF | Hopp, Johnny
(Donkeys) | $13 | FA | |
| SP | Jones, Sam
(Loons) | $6 | FA | |
| 3B | Kell, George
(Stompers) | $9 | FA | |
| 3B | Killebrew, Harmon
(Hammers) | $4 | FA | |
| 1B | Kluszewski, Ted
(Hornets) | $10 | FA | |
| SS | Marion, Marty
(Hammers) | $3 | FA | |
| OF | Marshall, Willard
(Hornets) | $7 | FA | |
| 2B | Mazeroski, Bill
(Hammers) | $5 | FA | |
| RP | Merritt, Lloyd
(Hornets) | $8 | FA | |
| RP | Miller, Bob
(Beet Farmers) | $8 | FA | |
| SP | Mizell, Vinegar Bend
(Cannon Ballers) | $12 | FA | |
| RP | Morehead, Seth
(Tractors) | $8 | FA | |
| SP | Munger, Red
(Beet Farmers) | $17 | FA | |
| SP | Newcombe, Don
(Loons) | $12 | FA | |
| SP | Newhouser, Hal
(Loons) | $17 | FA | |
| SP | Pascual, Camilo
(Beet Farmers) | $11 | FA | |
| OF | Piersall, Jim
(Rockhoppers) | $6 | FA | |
| OF | Pinson, Vada
(Stompers) | $9 | FA | |
| OF | Post, Wally
(Rockhoppers) | $7 | FA | |
| SS | Reese, Pee Wee
(Beet Farmers) | $9 | FA | |
| SP | Reynolds, Allie
(Hammers) | $13 | FA | |
| 2B | Schoendienst, Red
(Beet Farmers) | $11 | FA | |
| 1B | Skowron, Bill
(Stompers) | $9 | FA | |
| SS | Travis, Cecil
(Rockhoppers) | $9 | FA | |
| OF | Wakefield, Dick
(Loons) | $13 | FA | |
| OF | Walker, Harry
(Beet Farmers) | $10 | FA | |
| OF | Wertz, Vic
(Hammers) | $9 | FA | |
| SP | White, Ernie
(Rockhoppers) | $13 | FA | |
| RP | Wilhelm, Hoyt
(Iron Pigs) | $7 | FA | |
| OF | Aaron, Hank
(Tractors) | $10 | 2 | $0 |
| SP | Antonelli, Johnny
(Hornets) | $13 | 1 | |
| SP | Branca, Ralph
(Cannon Ballers) | $13 | 2 | $0 |
| SP | Brecheen, Harry
(Tractors) | $14 | 1 | |
| SP | Bunning, Jim
(Islanders) | $16 | 2 | $0 |
| C | Burgess, Smoky
(Islanders) | $14 | 1 | |
| C | Campanella, Roy
(Stompers) | $15 | 2 | $0 |
| 3B | Carey, Andy
(Donkeys) | $9 | 1 | |
| SS | Clarkson, Buzz
(Kool Kats) | $13 | 2 | $0 |
| C | Crandall, Del
(Donkeys) | $5 | 1 | |
| 1B | Cunningham, Joe
(Islanders) | $15 | 2 | $0 |
| OF | DiMaggio, Joe
(Iron Pigs) | $15 | 2 | $0 |
| 2B | Doby, Larry
(Islanders) | $15 | 2 | $0 |
| SP | Drysdale, Don
(Beet Farmers) | $12 | 1 | |
| OF | Ennis, Del
(Beet Farmers) | $7 | 1 | |
| 1B | Foxx, Jimmie
(Kool Kats) | $8 | 2 | $0 |
| C | Garagiola, Joe
(Kool Kats) | $8 | 1 | |
| C | Gibson, Josh
(Hornets) | $15 | 2 | $0 |
| SP | Gromek, Steve
(Donkeys) | $17 | 2 | $0 |
| SP | Hughson, Tex
(Tractors) | $10 | 2 | $0 |
| SS | Irvin, Monte
(Rockhoppers) | $13 | 2 | $0 |
| OF | Judnich, Wally
(Stompers) | $13 | 2 | $0 |
| OF | Kaline, Al
(Donkeys) | $15 | 2 | $0 |
| OF | Keller, Charlie
(Rockhoppers) | $13 | 2 | $0 |
| OF | Kiner, Ralph
(Kool Kats) | $9 | 2 | $0 |
| SS | Kuenn, Harvey
(Stompers) | $11 | 2 | $0 |
| 1B | Leonard, Buck
(Hens) | $15 | 2 | $0 |
| C | Lollar, Sherm
(Hornets) | $7 | 1 | |
| OF | Mantle, Mickey
(Kool Kats) | $15 | 2 | $0 |
| 3B | Mathews, Eddie
(Cannon Ballers) | $10 | 2 | $0 |
| OF | Mays, Willie
(Sea Turtles) | $15 | 2 | $0 |
| OF | McCosky, Barney
(Cannon Ballers) | $13 | 2 | $0 |
| RP | Meyer, Jack
(Donkeys) | $9 | 1 | |
| 2B | Michaels, Cass
(Donkeys) | $15 | 2 | $0 |
| SP | Miller, Stu
(Stompers) | $17 | 2 | $0 |
| 1B | Mize, Johnny
(Hens) | $8 | 2 | $0 |
| OF | Musial, Stan
(Hens) | $15 | 2 | $0 |
| SP | Podres, Johnny
(Sea Turtles) | $16 | 2 | $0 |
| SP | Pollet, Howie
(Hens) | $17 | 2 | $0 |
| OF | Reiser, Pete
(Tractors) | $15 | 2 | $0 |
| 2B | Robinson, Jackie
(Hens) | $15 | 2 | $0 |
| 1B | Robinson, Frank
(Tractors) | $8 | 2 | $0 |
| SP | Score, Herb
(Hornets) | $16 | 2 | $0 |
| OF | Siebern, Norm
(Hornets) | $10 | 1 | |
| OF | Snider, Duke
(Tractors) | $15 | 2 | $0 |
| 2B | Stirnweiss, Snuffy
(Sea Turtles) | $13 | 2 | $0 |
| SP | Trucks, Virgil
(Hens) | $16 | 2 | $0 |
| SS | Vaughan, Arky
(Cannon Ballers) | $6 | 2 | $0 |
| OF | Williams, Ted
(Iron Pigs) | $13 | 2 | $0 |
| 1B | York, Rudy
(Kool Kats) | $11 | 1 | |
