| Name | Pos | Salary | Through | Years Left | Notes | Years in Majors |
| D. Snider | RF | $9,280,000 | 1957 | 2 years left | | 9 years |
| B. Rush | SP | $8,000,000 | 1958 | 3 years left | | 8 years |
| F. Thomas | CF | $6,314,286 | 1956 | 1 years left | Extension signed. | 6 years |
| R. Ashburn | LF | $5,500,000 | 1957 | 2 years left | | 7 years |
| S. Burgess | C | $4,620,000 | 1957 | 2 years left | | 6 years |
| R. Schoendienst | 2B | $3,800,000 | 1956 | 1 years left | Extension signed. | 10 years |
| W. HUTCHINSON | MR | $3,290,000 | 1956 | 1 years left | Free agent after this season! | 16 years |
| J. Adcock | 1B | $2,992,857 | 1956 | 1 years left | Extension signed. | 6 years |
| R. Bowman | SP | $2,908,571 | 1956 | 1 years left | Arbitration (Estimate: $5,170,000), could become Free Agent with 10 more days of service this year. | 5 years |
| A. Jurisich | CL | $2,500,000 | 1957 | 2 years left | | 10 years |
| B. Goodman | RF | $2,000,000 | 1957 | 2 years left | | 6 years |
| B. Turley | MR | $1,878,571 | 1956 | 1 years left | Extension signed. | 6 years |
| V. Barnhart | 1B | $1,500,000 | 1956 | 1 years left | Free agent after this season! | 9 years |
| M. Batts | C | $1,170,000 | 1957 | 2 years left | | 6 years |
| W. Nixon | MR | $914,286 | 1956 | 1 years left | Arbitration (Estimate: $300,000) | 4 years |
| E. Mossor | MR | $350,000 | 1956 | 1 years left | Arbitration (Estimate: $300,000) | 4 years |
| M. Clark | 3B | $350,000 | 1956 | 1 years left | Arbitration (Estimate: $300,000) | 4 years |
| G. Jones | SP | $300,000 | 1956 | 1 years left | Possible Arbitration, 53 more days of service needed this year. | 2 years |
| S. Kraly | MR | $300,000 | 1956 | 1 years left | Arbitration (Estimate: $300,000) | 3 years |
| B. Shantz | C | $300,000 | 1956 | 1 years left | Automatic Resign. | 0 years |
| H. Hanebrink | 2B | $300,000 | 1956 | 1 years left | Automatic Resign. | 1 years |
| F. Montemayor | CF | $300,000 | 1956 | 1 years left | Automatic Resign. | 1 years |
| A. Grammas | SS | $300,000 | 1956 | 1 years left | Automatic Resign. | 1 years |
| C. Boyer | 3B | $300,000 | 1956 | 1 years left | Automatic Resign. | 1 years |
| M. Held | MR | $300,000 | 1956 | 1 years left | Automatic Resign. | 0 years |
| J. Logan | SS | $300,000 | 1956 | 1 years left | Arbitration (Estimate: $1,710,000) | 3 years |
| B. Daley | MR | $300,000 | 1956 | 1 years left | Automatic Resign. | 1 years |
| R. Kline | SP | $300,000 | 1956 | 1 years left | Arbitration (Estimate: $3,760,000) | 3 years |
| G. Stephens | RF | Minor-League-Contract | - | - | | 0 years |
| D. Sisler | MR | Minor-League-Contract | - | - | | 0 years |
| B. Flowers | CL | Minor-League-Contract | - | - | | 0 years |
| J. Wooten | CF | Minor-League-Contract | - | - | | 0 years |
| B. Mazeroski | 2B | Minor-League-Contract | - | - | | 0 years |
| L. Babe | 3B | Minor-League-Contract | - | - | | 0 years |
| B. Reeder | SP | Minor-League-Contract | - | - | | 2 years |
| P. Giel | MR | Minor-League-Contract | - | - | | 0 years |
| S. Esposito | SS | Minor-League-Contract | - | - | | 0 years |
| C. Lau | C | Minor-League-Contract | - | - | | 0 years |
| D. Cole | 1B | Minor-League-Contract | - | - | | 0 years |
| S. Korcheck | C | Minor-League-Contract | - | - | | 0 years |
| F. Mole | 1B | Minor-League-Contract | - | - | | 0 years |
| G. Schmees | RF | Minor-League-Contract | - | - | | 0 years |
| D. Johnson | SP | Minor-League-Contract | - | - | | 0 years |
| D. Blasingame | 2B | Minor-League-Contract | - | - | | 0 years |
| L. Possehl | MR | Minor-League-Contract | - | - | | 0 years |
| J. Snyder | SS | Minor-League-Contract | - | - | | 0 years |
| E. O'brien | SS | Minor-League-Contract | - | - | | 0 years |
| M. Palm | MR | Minor-League-Contract | - | - | | 0 years |
| K. Kuhn | SS | Minor-League-Contract | - | - | | 0 years |
| F. Wooldridge | SP | Minor-League-Contract | - | - | | 0 years |
| J. Bilbrey | MR | Minor-League-Contract | - | - | | 0 years |
| W. Miranda | 2B | Minor-League-Contract | - | - | | 0 years |
| K. Olson | LF | Minor-League-Contract | - | - | | 0 years |
| E. Tappe | C | Minor-League-Contract | - | - | | 0 years |
| G. Estock | SP | Minor-League-Contract | - | - | | 0 years |
| L. Arroyo | SP | Minor-League-Contract | - | - | | 0 years |
| B. Young | 1B | Minor-League-Contract | - | - | | 0 years |
| J. Szekely | RF | Minor-League-Contract | - | - | | 0 years |
| P. Daley | C | Minor-League-Contract | - | - | | 0 years |
| F. Smith | MR | Minor-League-Contract | - | - | | 0 years |
| J. Delis | 3B | Minor-League-Contract | - | - | | 0 years |
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