| Pos | Player (Team) | This Yr | Yrs Left | Raise |
|---|
| OF | Bankhead, Sam
(Legends) | $3 | FA | |
| SP | Bankhead, Dan
(Legends) | $4 | FA | |
| RP | Barnes, Vet
(Black Panthers) | $3 | FA | |
| 3B | Beckwith, John
(Rhythm Kings) | $4 | FA | |
| OF | Bell, Cool Papa
(Pharaohs) | $5 | FA | |
| OF | Benjamin, Jerry
(Monarchs) | $4 | FA | |
| CL | Black, Dave
(Black Yankees) | $3 | FA | |
| SP | Blue, Vida
(Black Magic) | $17 | FA | |
| 1B | Bostock, Lyman
(Black Magic) | $2 | FA | |
| SP | Brewer, Chet
(Black Sox) | $6 | FA | |
| RP | Brown, Jesse
(Black Panthers) | $2 | FA | |
| OF | Brown, Willard
(Black Yankees) | $4 | FA | |
| SP | Brown, Hunter
(Black Panthers) | $11 | FA | |
| SP | Brown, Dave
(Pharaohs) | $7 | FA | |
| SP | Byrd, Bill
(Black Knights) | $5 | FA | |
| C | Campanella, Roy
(Black Yankees) | $2 | FA | |
| SP | Chandler, Bubba
(Black Knights) | $12 | FA | |
| RP | Chapman, Aroldis
(Black Panthers) | $9 | FA | |
| OF | Charleston, Oscar
(Black Diamonds) | $10 | FA | |
| SS | Clarkson, Buzz
(Black Sox) | $4 | FA | |
| 3B | Creacy, Dewey
(Black Magic) | $5 | FA | |
| OF | Curry, Homer
(Pharaohs) | $3 | FA | |
| OF | Daniels, Kal
(Black Magic) | $6 | FA | |
| 3B | Davis, Piper
(Black Sox) | $2 | FA | |
| C | Dixon, George
(Black Sox) | $2 | FA | |
| SP | Downing, Al
(Legends) | $9 | FA | |
| RP | Dula, Louis
(Pharaohs) | $3 | FA | |
| C | Duncan, Frank
(Pharaohs) | $3 | FA | |
| C | Easterly, Ted
(Black Knights) | $4 | FA | |
| RP | Edwards, Carl
(Black Sox) | $6 | FA | |
| OF | Flood, Curt
(Black Panthers) | $3 | FA | |
| SP | Foster, Bill
(Monarchs) | $8 | FA | |
| SP | Gaines, Jonas
(Black Panthers) | $4 | FA | |
| 1B | Gibson, Josh
(Black Panthers) | $5 | FA | |
| SP | Gibson, Bob
(Black Diamonds) | $4 | FA | |
| SP | Gooden, Dwight
(Black Magic) | $15 | FA | |
| SP | Gordon, Tom
(Black Magic) | $8 | FA | |
| SP | Greene, Hunter
(Black Yankees) | $9 | FA | |
| OF | Griffey Jr., Ken
(Black Magic) | $7 | FA | |
| C | Hairston, Sammy
(Black Diamonds) | $6 | FA | |
| OF | Henderson, Rickey
(Legends) | $9 | FA | |
| RP | Hicks, Jordan
(Black Magic) | $3 | FA | |
| OF | Hill, Charley
(Black Sox) | $2 | FA | |
| SP | Holmes, Lefty
(Black Panthers) | $5 | FA | |
| OF | Hoskins, Bill
(Rhythm Kings) | $4 | FA | |
| 1B | Howard, Ryan
(Legends) | $11 | FA | |
| 2B | Hughes, Sammy
(Black Diamonds) | $7 | FA | |
| RP | Jansen, Kenley
(Black Diamonds) | $10 | FA | |
| OF | Johnson, Heavy
(Rhythm Kings) | $4 | FA | |
| SP | Johnson, Jimmy
(Rhythm Kings) | $3 | FA | |
| SP | Johnson, Rankin
(Rhythm Kings) | $6 | FA | |
| SP | Jones, Slim
(Black Sox) | $11 | FA | |
| OF | Kimbro, Henry
(Black Sox) | $4 | FA | |
| SP | Leblanc, Jose
(Pharaohs) | $6 | FA | |
| 1B | Leonard, Buck
(Pharaohs) | $4 | FA | |
| OF | Lyons, Jimmie
(Pharaohs) | $4 | FA | |
| SP | Matlock, Leroy
(Legends) | $4 | FA | |
| SP | McConnaughey, Ralph
(Black Knights) | $2 | FA | |
| SP | McDonald, Webster
(Black Diamonds) | $10 | FA | |
| SP | McKenzie, Triston
(Black Magic) | $7 | 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 | |
| RP | Parker, Tom
(Legends) | $2 | FA | |
| OF | Parnell, Roy
(Black Yankees) | $6 | FA | |
| 2B | Patterson, Pat
(Monarchs) | $3 | FA | |
| RP | Porter, Andy
(Black Diamonds) | $9 | FA | |
| C | Rariden, Bill
(Black Knights) | $4 | FA | |
| SP | Richard, J.R.
(Black Yankees) | $5 | FA | |
| SP | Rogan, Bullet
(Black Magic) | $3 | FA | |
| OF | Rogan, Bullet
(Black Magic) | $3 | FA | |
| OF | Rogers, Nat
(Black Knights) | $3 | FA | |
| SP | Romby, Bob
(Pharaohs) | $6 | FA | |
| SS | Russ, Pythias
(Monarchs) | $4 | FA | |
| C | Sanguillen, Manny
(Black Panthers) | $3 | FA | |
| 3B | Scales, George
(Black Diamonds) | $10 | FA | |
| SS | Simmons, Andrelton
(Black Knights) | $5 | FA | |
| RP | Smith, Lee
(Monarchs) | $7 | FA | |
| SP | Smith, Hilton
(Black Diamonds) | $8 | FA | |
| SS | Smith, Ozzie
(Black Knights) | $4 | FA | |
| SP | Smith, Frank
(Monarchs) | $7 | FA | |
| OF | Stearnes, Turkey
(Rhythm Kings) | $3 | FA | |
| OF | Steele, Ed
(Legends) | $2 | FA | |
| OF | Stone, Ed
(Black Knights) | $2 | FA | |
| OF | Suttles, Mule
(Black Yankees) | $6 | FA | |
| OF | Thompson, Hank
(Monarchs) | $3 | FA | |
| OF | Torriente, Cristobal
(Pharaohs) | $5 | FA | |
| RP | Vines, Darius
(Rhythm Kings) | $4 | FA | |
| SS | Wells, Willie
(Legends) | $8 | FA | |
| 1B | West, Jim
(Monarchs) | $2 | FA | |
| 2B | Williams, Marvin
(Rhythm Kings) | $2 | FA | |
| 2B | Williams, Harry
(Black Sox) | $3 | FA | |
| RP | Williams, Devin
(Legends) | $5 | FA | |
| SP | Williams, Tom
(Rhythm Kings) | $5 | FA | |
| SS | Wilson, Artie
(Black Diamonds) | $10 | FA | |
| RP | Wilson, Lefty
(Black Yankees) | $3 | FA | |
| RP | Woodman, Dan
(Black Yankees) | $2 | FA | |
| OF | Wright, Wild Bill
(Black Yankees) | $3 | FA | |
| OF | Wright, Zollie
(Monarchs) | $3 | FA | |
| SP | Wright, Johnny
(Black Sox) | $2 | FA | |
