Top 50 2009 MLB Free Agents
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| Rk. | Player | 2008 Team | Contact Notes |
| 1 | CC Sabathia | Milwaukee Brewers | Signed with the Yankees. 7 years, $161 million. |
| 2 | Vladimir Guerrero | Los Angeles Angels | Team Exercised Option: $15 million |
| 3 | Mark Teixera | Los Angeles Angels | Signed with the Yankess. 8 years, $180 million |
| 4 | Manny Ramirez | Los Angeles Dodgers | Re-signed with the Dodgers. 2 years, $45 million. 2nd year is player option. $25 million first year, $15 million deferred. |
| 5 | Carl Crawford | Tampa Bay Rays | Team Exercised Option |
| 6 | John Lackey | Los Angeles Angels | Team Exercised Option: $9 million |
| 7 | Francisco Rodriguez | Los Angeles Angels | Signed with the Mets. 3 years, $37 million. |
| 8 | Pat Burrell | Philadelphia Phillies | Signed with the Rays. 2 years, $16 million. |
| 9 | Adam Dunn | Arizona Diamondbacks | Signed with the Nationals. 2 years, $20 million. |
| 10 | AJ Burnett | Toronto Blue Jays | Signed with the Yankees. 5 years, $82.5 million. |
| 11 | Ben Sheets | Milwaukee Brewers | |
| 12 | Chipper Jones | Atlanta Braves | Team Option as Jones did not reach 450 ABs in 2008 (11 short) |
| 13 | Milton Bradley | Texas Rangers | Signed with the Cubs. 3 years, $30 million. |
| 14 | Ryan Dempster | Chicago Cubs | Re-signed with the Cubs. 4 years, $52 million |
| 15 | Joe Crede | Chicago White Sox | Signed with the Twins. 1 year, $2.5 million |
| 16 | Bobby Abreu | New York Yankees | Signed with the Angels. 1 year, $5 million |
| 17 | Orlando Hudson | Arizona Diamondbacks | Signed with the Dodgers. 1 year, $3.8 million |
| 18 | Troy Glaus | St. Louis Cardinals | Player Option |
| 19 | Mike Mussina | New York Yankees | Retired |
| 20 | Derek Lowe | Los Angeles Dodgers | Signed with the Braves. 4 years, $60 million. |
| 21 | Rafeal Furcal | Los Angeles Dodgers | Re-signed with the Dodgers. 3 years, $30 million. |
| 22 | Orlando Cabrera | Chicago White Sox | Signed with the A's. 1 year, $4 million. |
| 23 | Jon Garland | Los Angeles Angels | Signed with the Diamondbacks. 1 year plus option |
| 24 | Hank Blalock | Texas Rangers | Exercised Team Option: $6.2 million |
| 25 | Oliver Perez | New York Mets | Re-signed with the Mets. 3 years, $36 million |
| 26 | Kerry Wood | Chicago Cubs | Signed with the Indians. 2 years, $20.5 million. |
| 27 | Brian Fuentes | Colorado Rockies | Signed with the Angels. 2 years, $17.5 million |
| 28 | Trevor Hoffman | San Diego Padres | Signed with the Brewers, 1 year, $6 million |
| 29 | Carlos Delgado | New York Mets | Mutual Option: $16 million, $4 million buyout |
| 30 | Jim Thome | Chicago White Sox | Team Option: $13 million, $3 million buyout. Vesting with 564 P.A.'s in 2008 |
| 31 | Brad Penny | Los Angeles Dodgers | Signed with the Red Sox. 1 year, $5 million |
| 32 | John Smoltz | Atlanta Braves | Signed with the Red Sox. 1 year, $5.5 million. |
| 33 | Brandon Lyon | Arizona Diamondbacks | Signed with the Tigers. 1 year, $4.25 million |
| 34 | Casey Blake | Los Angeles Dodgers | Re-signed with the Dodgers. 3 years, $17.5 million |
| 35 | Mark Ellis | Oakland A's | Re-signed with the A's for 2 years |
| 36 | Jason Giambi | New York Yankees | Signed with the A's. 1 year, $5.25 million |
| 37 | Raul Ibanez | Seattle Mariners | Signed with the Phillies. 3 years, $30 million. |
| 38 | Garrett Anderson | Los Angeles Angels | Not offered arbitration. No draft compensation. Signed with the Braves. 1 year, $2.5 million |
| 39 | Andy Pettitte | New York Yankees | Re-signed with the Yankees. 1 year. $5.5 million plus bonuses |
| 40 | Greg Maddux | Los Angeles Dodgers | Retired |
| 41 | Chad Durbin | Philadelphia Phillies | Re-signed with the Phillies |
| 42 | Randy Johnson | Arizona Diamondbacks | Signed with the Giants. 1 year, $8 million. |
| 43 | Pudge Rodriguez | Detroit Tigers | Signed with the Astros. 1 year, $1.5 million. |
| 44 | Mike Cameron | Milwaukee Brewers | Exercised Team Option: $10 million |
| 45 | Braden Looper | St. Louis Cardinals | Signed with Milwaukee. 1 year $5.5 million |
| 46 | Damaso Marte | New York Yankees | Re-signed with the Yankees, 3 years, $12 million |
| 47 | Edgar Renteria | Detroit Tigers | Signed with the Giants. 2 years, $18.5 million. |
| 48 | Jason Varitek | Boston Red Sox | Re-signed with the Red Sox. 1 year, $5 million |
| 49 | Nomar Garciaparra | Los Angeles Dodgers | Signed with the A's. 1 year, $1 million. |
| 50 | Mark Kotsay | Boston Red Sox | Signed with the Red Sox. 1 year, $1.5 million. |