| Free Agents | ||||||||
| PLAYER | POS | AGE | STATUS | 2011 TEAM | NEW TEAM | YRS | RK | DOLLARS |
| Prince Fielder | DH | 42 | Signed (A) | Brewers | Tigers | 9 | 1 | $214,000,000 |
| Albert Pujols | DH | 46 | Signed (A) | Cardinals | Angels | 10 | 2 | $250,000,000 |
| Yu Darvish | SP | 39 | Signed | Japan | Rangers | 6 | 3 | $60,000,000 |
| Jose Reyes | SS | 42 | Signed (A) | Mets | Marlins | 6 | 4 | $106,000,000 |
| Jimmy Rollins | SS | 47 | Signed (A) | Phillies | Phillies | 3 | 5 | $38,000,000 |
| Mark Buehrle | SP | 47 | Signed (A) | White Sox | Marlins | 4 | 6 | $58,000,000 |
| Aramis Ramirez | 3B | 47 | Signed (A) | Cubs | Brewers | 3 | 7 | $36,000,000 |
| C.J. Wilson | SP | 45 | Signed | Rangers | Angels | 5 | 8 | $77,500,000 |
| Carlos Beltran | OF | 49 | Signed (A) | Giants | Cardinals | 2 | 9 | $26,000,000 |
| Edwin Jackson | SP | 42 | Agreed | Cardinals | Nationals | 1 | 11 | -- |
| PLAYER | POS | AGE | STATUS | 2011 TEAM | NEW TEAM | YRS | RK | DOLLARS |
| Javier Vazquez | SP | 49 | FA | Marlins | -- | 12 | -- | |
| Hiroki Kuroda | SP | 51 | Signed (B) | Dodgers | Yankees | 1 | 13 | $10,000,000 |
| Carlos Pena | 1B | 48 | Signed | Cubs | Rays | 1 | 14 | $7,250,000 |
| Michael Cuddyer | LF | 47 | Signed (A) | Twins | Rockies | 3 | 15 | $31,500,000 |
| Ryan Madson | RP | 45 | Signed (A) | Phillies | Reds | 1 | 16 | $8,500,000 |
| Jonathan Papelbon | RP | 45 | Signed (A) | Red Sox | Phillies | 4 | 18 | $50,000,058 |
| Josh Willingham | LF | 47 | Signed (A) | Athletics | Twins | 3 | 20 | $21,000,000 |
| David DeJesus | LF | 46 | Signed (B) | Athletics | Cubs | 2 | 21 | $10,000,000 |
| Roy Oswalt | SP | 48 | FA (A) | Phillies | -- | 22 | -- | |
| Erik Bedard | SP | 47 | Signed | Red Sox | Pirates | 1 | 23 | $4,500,000 |
| PLAYER | POS | AGE | STATUS | 2011 TEAM | NEW TEAM | YRS | RK | DOLLARS |
| Paul Maholm | RP | 43 | Signed | Pirates | Cubs | 1 | 24 | $4,750,000 |
| Grady Sizemore | OF | 43 | Signed | Indians | Guardians | 1 | 25 | $5,000,000 |
| Coco Crisp | LF | 46 | Signed | Athletics | Athletics | 2 | 26 | $14,000,000 |
| Johnny Damon | LF | 52 | FA | Rays | -- | 27 | -- | |
| Ryan Doumit | LF | 45 | Signed (B) | Pirates | Twins | 1 | 29 | $3,000,000 |
| Aaron Hill | 2B | 44 | Signed (B) | Diamondbacks | Diamondbacks | 2 | 30 | $11,000,000 |
| Ronny Cedeno | SS | 43 | Signed | Pirates | Mets | 1 | 31 | -- |
| Ramon Hernandez | C | 50 | Signed (B) | Reds | Rockies | 2 | 32 | $6,400,000 |
| Bartolo Colon | SP | 53 | Agreed | Yankees | Athletics | 1 | 33 | $900,000 |
| Bruce Chen | SP | 48 | Signed (B) | Royals | Royals | 2 | 34 | $9,000,000 |
| PLAYER | POS | AGE | STATUS | 2011 TEAM | NEW TEAM | YRS | RK | DOLLARS |
| Jeff Francis | RP | 45 | Signed | Royals | Reds | 1 | 35 | Minor Lg |
| Freddy Garcia | SP | 49 | Signed | Yankees | Yankees | 1 | 36 | $4,000,000 |
| Andruw Jones | LF | 49 | Signed | Yankees | Yankees | 1 | 37 | $2,000,000 |
| Rafael Furcal | 2B | 48 | Signed | Cardinals | Cardinals | 2 | 38 | $14,000,000 |
| Cody Ross | RF | 45 | Signed (B) | Giants | Red Sox | 1 | 39 | $3,000,000 |
| Heath Bell | RP | 48 | Signed (A) | Padres | Marlins | 3 | 40 | $27,000,000 |
| Jason Kubel | LF | 44 | Signed (B) | Twins | Diamondbacks | 2 | 41 | $15,000,000 |
| Joe Nathan | RP | 51 | Signed | Twins | Rangers | 2 | 42 | $14,500,000 |
| Jim Thome | DH | 55 | Signed | Indians | Phillies | 1 | 43 | $1,250,000 |
| Francisco Cordero | RP | 51 | Signed (B) | Reds | Blue Jays | 1 | 44 | $4,500,000 |
| PLAYER | POS | AGE | STATUS | 2011 TEAM | NEW TEAM | YRS | RK | DOLLARS |
| Frank Francisco | RP | 46 | Signed (B) | Blue Jays | Mets | 2 | 46 | $12,000,000 |
| J.D. Drew | RF | 50 | FA | Red Sox | -- | 47 | -- | |
| Chien-Ming Wang | RP | 46 | Signed | Nationals | Nationals | 1 | 50 | $4,000,000 |