| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| B. Radke | SP | $11,500,000 | 2004 | 1 years left | Free agent after this season! | 10 years |
| T. Hunter | CF | $6,500,000 | 2007 | 4 years left | | 8 years |
| J. Mays | SP | $5,750,000 | 2006 | 3 years left | | 5 years |
| S. Stewart | LF | $5,500,000 | 2006 | 3 years left | | 10 years |
| C. Koskie | 3B | $4,500,000 | 2004 | 1 years left | Free agent after this season! | 7 years |
| J. Jones | RF | $4,350,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| C. Guzman | SS | $3,700,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| D. Mientkiewicz | 1B | $2,800,000 | 2004 | 1 years left | Free agent after this season! | 7 years |
| J. Santana | SP | $1,600,000 | 2004 | 1 years left | Arbitration (Estimate: $3,600,000), could become Free Agent with 137 more days of service this year. | 5 years |
| L. Rivas | 2B | $1,500,000 | 2004 | 1 years left | Arbitration (Estimate: $310,000), could become Free Agent with 149 more days of service this year. | 5 years |
| J. Romero | MR | $820,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| H. Blanco | C | $750,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| A. Fultz | MR | $550,000 | 2004 | 1 years left | Arbitration (Estimate: $440,000) | 4 years |
| J. Offerman | 1B | $500,000 | 2004 | 1 years left | Free agent after this season! | 14 years |
| J. Nathan | CL | $440,000 | 2004 | 1 years left | Arbitration (Estimate: $3,360,000), could become Free Agent with 164 more days of service this year. | 5 years |
| K. Lohse | SP | $395,000 | 2004 | 1 years left | Arbitration (Estimate: $610,000) | 4 years |
| C. Silva | SP | $340,000 | 2004 | 1 years left | Arbitration (Estimate: $350,000) | 3 years |
| M. Lecroy | C | $340,000 | 2004 | 1 years left | Arbitration (Estimate: $390,000), could become Free Agent with 136 more days of service this year. | 5 years |
| J. Rincon | MR | $330,000 | 2004 | 1 years left | Arbitration (Estimate: $1,100,000) | 4 years |
| J. Roa | MR | $320,000 | 2004 | 1 years left | Arbitration (Estimate: $740,000), could become Free Agent with 118 more days of service this year. | 5 years |
| A. Ojeda | SS | $320,000 | 2004 | 1 years left | Arbitration (Estimate: $990,000) | 4 years |
| N. Punto | 2B | $307,500 | 2004 | 1 years left | Arbitration (Estimate: $490,000) | 3 years |
| M. Cuddyer | RF | $307,500 | 2004 | 1 years left | Arbitration (Estimate: $2,810,000) | 4 years |
| M. Ryan | RF | $305,000 | 2004 | 1 years left | Possible Arbitration, 69 more days of service needed this year. | 2 years |
| G. Balfour | MR | $305,000 | 2004 | 1 years left | Arbitration (Estimate: $1,050,000) | 3 years |
| M. Restovich | RF | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $1,530,000) | 3 years |
| J. Palki | MR | $300,000 | 2004 | 1 years left | Possible Arbitration, 158 more days of service needed this year. | 2 years |
| A. Delgado | C | $300,000 | 2004 | 1 years left | Possible Arbitration, 125 more days of service needed this year. | 2 years |
| J. Mauer | C | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| S. Greisinger | SP | $300,000 | 2004 | 1 years left | Possible Arbitration, 163 more days of service needed this year. | 2 years |
| A. Prieto | SP | $300,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| L. Ford | CF | $300,000 | 2004 | 1 years left | Possible Arbitration, 160 more days of service needed this year. | 2 years |
| K. Tolar | MR | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $1,480,000) | 4 years |
| M. Erickson | 2B | $300,000 | 2004 | 1 years left | Possible Arbitration, 125 more days of service needed this year. | 2 years |
| A. Johnson | MR | Minor-League-Contract | - | - | | 2 years |
| C. Pulido | MR | Minor-League-Contract | - | - | | 2 years |
| M. Guerrier | SP | Minor-League-Contract | - | - | Minor League FA next year! | 0 years |
| J. Morneau | 1B | Minor-League-Contract | - | - | | 1 years |
| B. Bonser | SP | Minor-League-Contract | - | - | | 0 years |
| J. Durbin | SP | Minor-League-Contract | - | - | | 0 years |
| B. Garbe | RF | Minor-League-Contract | - | - | | 0 years |
| C. Miller | SP | Minor-League-Contract | - | - | | 0 years |
| J. Bartlett | SS | Minor-League-Contract | - | - | | 0 years |
| S. Baker | SP | Minor-League-Contract | - | - | | 0 years |
| J. Crain | CL | Minor-League-Contract | - | - | | 0 years |
| A. Garcia | SP | Minor-League-Contract | - | - | | 0 years |
| J. Abbott | SP | Minor-League-Contract | - | - | | 0 years |
| G. Guzman | RF | Minor-League-Contract | - | - | | 0 years |
| A. Harben | SP | Minor-League-Contract | - | - | | 0 years |
| J. Hill | SP | Minor-League-Contract | - | - | | 0 years |
| D. Gomon | 1B | Minor-League-Contract | - | - | | 0 years |
| F. Liriano | SP | Minor-League-Contract | - | - | | 0 years |
| E. Meek | MR | Minor-League-Contract | - | - | | 0 years |
| P. Neshek | MR | Minor-League-Contract | - | - | | 0 years |
| J. Kubel | RF | Minor-League-Contract | - | - | | 0 years |
| K. Phillips | C | Minor-League-Contract | - | - | | 0 years |
| J. Rabe | RF | Minor-League-Contract | - | - | Minor League FA next year! | 0 years |
| A. Romero | RF | Minor-League-Contract | - | - | | 0 years |
| A. Smit | SP | Minor-League-Contract | - | - | | 0 years |
| D. Span | LF | Minor-League-Contract | - | - | | 0 years |
| S. Tyler | SP | Minor-League-Contract | - | - | | 0 years |
| M. Moses | 3B | Minor-League-Contract | - | - | | 0 years |
| B. Kemp | CL | Minor-League-Contract | - | - | | 1 years |
| B. Korecky | MR | Minor-League-Contract | - | - | Minor League FA next year! | 0 years |
| R. Bowen | C | Minor-League-Contract | - | - | | 1 years |
| R. Helling | SP | Minor-League-Contract | - | - | Minor League FA next year! | 10 years |
| A. Prieto | 2B | Minor-League-Contract | - | - | | 1 years |
| T. Oeltjen | CF | Minor-League-Contract | - | - | | 0 years |
| M. Fetters | MR | Minor-League-Contract | - | - | Minor League FA next year! | 15 years |
| T. Mulholland | MR | Minor-League-Contract | - | - | Minor League FA next year! | 17 years |
| B. Marsters | C | Minor-League-Contract | - | - | | 1 years |
| J. Mauer | 3B | Minor-League-Contract | - | - | | 1 years |
| L. Rodriguez | SS | Minor-League-Contract | - | - | | 1 years |
| C. Heintz | C | Minor-League-Contract | - | - | | 1 years |
| V. Santos | SP | Minor-League-Contract | - | - | | 2 years |
| M. Wise | SP | Minor-League-Contract | - | - | | 1 years |
| C. Michalak | SP | Minor-League-Contract | - | - | | 1 years |
| B. Wolfe | SP | Minor-League-Contract | - | - | | 0 years |
| M. Johnson | C | Minor-League-Contract | - | - | Minor League FA next year! | 6 years |
| T. Tiffee | 3B | Minor-League-Contract | - | - | | 0 years |
| S. Waldrop | SP | Minor-League-Contract | - | - | | 1 years |
| C. Magruder | LF | Minor-League-Contract | - | - | | 3 years |
| J. Nunnally | LF | Minor-League-Contract | - | - | | 1 years |
| J. Beimel | MR | Minor-League-Contract | - | - | Minor League FA next year! | 3 years |
| J. Miller | SP | Minor-League-Contract | - | - | | 1 years |
| E. Morlan | SP | Minor-League-Contract | - | - | | 1 years |
| M. Tolbert | SS | Minor-League-Contract | - | - | | 1 years |
| D. Burns | CF | Minor-League-Contract | - | - | | 1 years |
| A. Swarzak | MR | Minor-League-Contract | - | - | | 1 years |
| M. Robinson | RF | Minor-League-Contract | - | - | | 1 years |
| D. Schock | C | Minor-League-Contract | - | - | | 0 years |
| B. Suarez | 1B | Minor-League-Contract | - | - | | 0 years |
| D. Holoman | 1B | Minor-League-Contract | - | - | | 0 years |
| E. Cisneros | C | Minor-League-Contract | - | - | | 0 years |
| A. Alemany | SP | Minor-League-Contract | - | - | | 0 years |
|