| Pos | Player (Team) | This Yr | Yrs Left | Raise |
|---|
| RP | Adam, Jason (Black Diamonds) | $5 | FA | |
| SS | Banks, Ernie (Black Knights) | $8 | FA | |
| 3B | Beckwith, John (Rhythm Kings) | $4 | FA | |
| CL | Black, Dave (Black Yankees) | $3 | FA | |
| SP | Brewer, Chet (Black Sox) | $6 | FA | |
| 3B | Brooks, Jess (Black Yankees) | $3 | FA | |
| SP | Brown, Hunter (Black Panthers) | $11 | FA | |
| OF | Brown, Willard (Black Yankees) | $4 | FA | |
| RP | Brown, Jesse (Black Panthers) | $2 | FA | |
| SP | Byrd, Bill (Black Knights) | $5 | FA | |
| C | Campanella, Roy (Black Yankees) | $2 | FA | |
| C | Casey, Mickey (Black Diamonds) | $3 | FA | |
| SP | Chandler, Bubba (Black Knights) | $12 | FA | |
| RP | Chapman, Aroldis (Black Panthers) | $9 | FA | |
| RP | Curry, Rube (Black Panthers) | $6 | FA | |
| SP | Downing, Al (Legends) | $10 | FA | |
| OF | Dreke, Valentín (Monarchs) | $3 | FA | |
| OF | Dudley, Doc (Rhythm Kings) | $3 | FA | |
| 1B | Fielder, Prince (Legends) | $9 | FA | |
| OF | Flood, Curt (Black Panthers) | $3 | FA | |
| SP | Gaines, Jonas (Black Panthers) | $4 | FA | |
| OF | Garr, Ralph (Pharaohs) | $6 | FA | |
| 1B | Gibson, Josh (Black Panthers) | $5 | FA | |
| SP | Greene, Hunter (Black Yankees) | $8 | FA | |
| OF | Griffey, Ken (Pharaohs) | $7 | FA | |
| OF | Guerrero, Vladimir (Rhythm Kings) | $7 | FA | |
| 1B | Guerrero Jr., Vladimir (Black Panthers) | $9 | FA | |
| 3B | Hairston, Sammy (Black Diamonds) | $2 | FA | |
| SS | Harding, Halley (Black Magic) | $5 | FA | |
| 2B | Helfrich, Ty (Black Panthers) | $2 | FA | |
| OF | Hoskins, Bill (Rhythm Kings) | $4 | FA | |
| 2B | Hughes, Sammy (Black Diamonds) | $2 | FA | |
| RP | Jackson, Edwin (Black Yankees) | $5 | FA | |
| OF | Johnson, Lou (Black Knights) | $2 | FA | |
| OF | Johnson, Heavy (Rhythm Kings) | $4 | FA | |
| RP | Kaiserling, George (Black Knights) | $2 | FA | |
| SP | LaMarque, Jim (Monarchs) | $7 | FA | |
| SS | Larkin, Barry (Black Panthers) | $5 | FA | |
| SP | Leblanc, Jose (Pharaohs) | $7 | FA | |
| SS | Lewis, Royce (Monarchs) | $4 | FA | |
| OF | Lockett, Lester (Black Sox) | $4 | FA | |
| 3B | Lowe, Kid (Rhythm Kings) | $3 | FA | |
| SP | McDonald, Webster (Black Diamonds) | $3 | FA | |
| RP | McKinnis, Gready (Monarchs) | $2 | FA | |
| RP | Moreta, Dauri (Black Panthers) | $5 | FA | |
| SS | Morney, Leroy (Rhythm Kings) | $2 | FA | |
| SP | Moss, Porter (Legends) | $5 | FA | |
| SP | Paige, Satchel (Black Knights) | $5 | FA | |
| OF | Parnell, Roy (Black Yankees) | $7 | FA | |
| 3B | Patterson, Pat (Monarchs) | $3 | FA | |
| RP | Perry, Alonzo (Black Magic) | $4 | FA | |
| SP | Richard, J.R. (Black Yankees) | $5 | FA | |
| SP | Rile, Ed (Black Yankees) | $2 | FA | |
| OF | Rogers, Nat (Black Knights) | $3 | FA | |
| C | Russ, Pythias (Monarchs) | $4 | FA | |
| C | Sanguillen, Manny (Black Panthers) | $4 | FA | |
| 3B | Scales, George (Black Diamonds) | $3 | FA | |
| 3B | Sheffield, Gary (Pharaohs) | $7 | FA | |
| OF | Shively, George (Black Knights) | $3 | FA | |
| SS | Simmons, Andrelton (Black Knights) | $5 | FA | |
| OF | Smith, Reggie (Pharaohs) | $7 | FA | |
| SP | Smith, Frank (Monarchs) | $7 | FA | |
| SS | Smith, Ozzie (Black Knights) | $4 | FA | |
| SP | Smith, Hilton (Black Diamonds) | $7 | FA | |
| OF | Stearnes, Turkey (Rhythm Kings) | $3 | FA | |
| OF | Steele, Ed (Legends) | $2 | FA | |
| OF | Stone, Ed (Black Knights) | $3 | FA | |
| OF | Suttles, Mule (Black Yankees) | $5 | FA | |
| 1B | Thomas, Dave (Black Sox) | $3 | FA | |
| 1B | Vaughn, Mo (Monarchs) | $10 | FA | |
| RP | Vines, Darius (Rhythm Kings) | $4 | FA | |
| 2B | Warfield, Frank (Black Knights) | $4 | FA | |
| SS | Washington, Johnny (Black Yankees) | $3 | FA | |
| RP | Welmaker, Roy (Rhythm Kings) | $2 | FA | |
| 2B | West, Jim (Monarchs) | $2 | FA | |
| 2B | Williams, Harry (Black Sox) | $3 | FA | |
| C | Williams, Poindexter (Black Magic) | $3 | FA | |
| 2B | Williams, Marvin (Rhythm Kings) | $2 | FA | |
| SP | Williams, Tom (Rhythm Kings) | $6 | FA | |
| RP | Wilson, Fin (Pharaohs) | $3 | FA | |
| OF | Wright, Zollie (Monarchs) | $3 | FA | |
| OF | Wright, Wild Bill (Black Yankees) | $3 | FA | |
| 2B | Alexander, Chuffie (Pharaohs) | $3 | 2 | $0 |
| OF | Alvarez, Yordan (Black Sox) | $6 | 1 | |
| OF | Arozarena, Randy (Black Sox) | $3 | 1 | |
| SP | Bankhead, Dan (Legends) | $4 | 1 | |
| OF | Blackwell, Charlie (Black Magic) | $6 | 1 | |
| SP | Blue, Vida (Black Magic) | $17 | 1 | |
| 1B | Bostock, Lyman (Black Magic) | $2 | 1 | |
| SP | Brown, Dave (Pharaohs) | $8 | 2 | $0 |
| OF | Charleston, Oscar (Black Diamonds) | $7 | 1 | |
| SS | Clarkson, Buzz (Black Sox) | $4 | 1 | |
| OF | Daniels, Kal (Black Magic) | $7 | 1 | |
| RP | Edwards, Carl (Black Sox) | $6 | 1 | |
| SP | Foster, Bill (Monarchs) | $7 | 1 | |
| SP | Gibson, Bob (Black Diamonds) | $12 | 1 | |
| SP | Gooden, Dwight (Black Magic) | $18 | 1 | |
| OF | Griffey Jr., Ken (Black Magic) | $7 | 1 | |
| OF | Henderson, Rickey (Legends) | $8 | 1 | |
| RP | Hicks, Jordan (Black Magic) | $3 | 1 | |
| SP | Houser, Joe (Black Sox) | $2 | 1 | |
| 1B | Howard, Ryan (Legends) | $11 | 1 | |
| CL | Jackson, Al (Pharaohs) | $4 | 2 | $0 |
| RP | Jansen, Kenley (Black Diamonds) | $6 | 1 | |
| SP | Jones, Slim (Black Sox) | $11 | 1 | |
| RP | Juul, Herold (Black Sox) | $2 | 1 | |
| OF | Kimbro, Henry (Black Sox) | $4 | 1 | |
| 1B | Leonard, Buck (Pharaohs) | $5 | 2 | $0 |
| OF | Lyons, Jimmie (Pharaohs) | $5 | 2 | $0 |
| C | Mackey, Biz (Legends) | $5 | 1 | |
| SP | Marichal, Juan (Pharaohs) | $4 | 2 | $0 |
| SS | Marte, Ketel (Pharaohs) | $3 | 2 | $0 |
| RP | Newberry, Jimmie (Pharaohs) | $8 | 2 | $0 |
| C | Owens, Frank (Pharaohs) | $2 | 2 | $0 |
| RP | Parker, Tom (Legends) | $2 | 1 | |
| 3B | Pendleton, Terry (Pharaohs) | $4 | 2 | $0 |
| C | Perkins, Bill (Legends) | $3 | 1 | |
| RP | Porter, Andy (Black Diamonds) | $2 | 1 | |
| SP | Romby, Bob (Pharaohs) | $6 | 2 | $0 |
| SP | Stroman, Marcus (Black Magic) | $6 | 1 | |
| RP | Thompson, Gunboat (Monarchs) | $3 | 1 | |
| OF | Torriente, Cristobal (Pharaohs) | $5 | 2 | $0 |
| 3B | Turner, Cool (Black Sox) | $2 | 2 | $0 |
| SP | Walker, Taijuan (Black Magic) | $8 | 1 | |
| RP | Walker, George (Black Sox) | $3 | 1 | |
| SS | Wells, Willie (Legends) | $8 | 1 | |
| RP | Whitehouse, Charlie (Black Sox) | $2 | 1 | |
| RP | Williams, Devin (Legends) | $6 | 1 | |
| SS | Wilson, Artie (Black Diamonds) | $3 | 1 | |
| SP | Wright, Johnny (Black Sox) | $2 | 1 | |