| Name | Pos | Salary | Through | Years Left | Note | Years in Majors |
| G. Goramir | 2B | $9,935,500 | 2006 | 3 years left | | 5 years |
| F. Demonsmasher | SP | $7,860,000 | 2004 | 1 years left | Free agent after this season! | 10 years |
| T. Ogrepunisher | SS | $6,560,000 | 2004 | 1 years left | Free agent after this season! | 14 years |
| P. Halflingdrinkr | 3B | $5,500,000 | 2007 | 4 years left | | 6 years |
| A. Anàldor | SP | $3,385,000 | 2004 | 1 years left | Free agent after this season! | 9 years |
| L. Elváril | CF | $2,076,429 | 2004 | 1 years left | Free agent after this season! | 5 years |
| K. Ironbinder | MR | $2,015,600 | 2006 | 3 years left | | 18 years |
| P. Galebririth | MR | $1,970,000 | 2007 | 4 years left | | 14 years |
| M. Isugol | CL | $1,682,857 | 2004 | 1 years left | Arbitration (Estimate: $1,050,000) | 3 years |
| S. Stonesnapper | CF | $985,000 | 2007 | 4 years left | | 8 years |
| S. Silverfist | CF | $765,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| M. Legan | MR | $738,400 | 2004 | 1 years left | Free agent after this season! | 18 years |
| T. Legàriand | MR | $635,357 | 2004 | 1 years left | Free agent after this season! | 5 years |
| N. Gianttorturer | SP | $602,500 | 2007 | 4 years left | | 8 years |
| F. Eärónduil | 1B | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| W. Wolfthrower | LF | $300,000 | 2004 | 1 years left | Arbitration (Estimate: $300,000) | 3 years |
| F. Demonslobberer | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| R. Shieldmover | LF | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| W. Sides | 1B | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| G. Galeoma | RF | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| M. Ghoulcrusher | SP | $300,000 | 2004 | 1 years left | Free agent after this season! | 6 years |
| R. Silverarm | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| T. Pauli | C | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| G. Gamadriel | SS | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| M. Corrales | C | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| T. Lómithien | SS | $300,000 | 2004 | 1 years left | Automatic Resign. | 1 years |
| V. Stoneraper | MR | $300,000 | 2004 | 1 years left | Free agent after this season! | 5 years |
| M. Mui | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| G. Golleamer | MR | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| S. Radeogol | SP | $300,000 | 2004 | 1 years left | Automatic Resign. | 0 years |
| T. Noseraper | SP | $300,000 | 2004 | 1 years left | Free agent after this season! | 13 years |
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