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Key:
Player Option
Team Option
Qualifying Offer
Two-Way Contract
| Player | 1994-95 | |
|---|---|---|
| 1 |  Magic Johnson | $14,660,000 |
| 2 | $7,300,000 | |
| 3 | James Worthy | $7,250,000 |
| 4 | $6,472,600 | |
| 5 | $5,000,000 | |
| 6 | $4,800,000 | |
| 7 | $4,486,700 | |
| 8 | $4,305,000 | |
| 9 | $4,212,000 | |
| 10 | $4,126,600 | |
| 11 | $4,050,000 | |
| 12 | $4,042,000 | |
| 13 |  Charles Barkley | $4,030,000 |
| 14 | $4,000,000 | |
| 15 | $3,850,000 | |
| 16 | $3,840,000 | |
| 17 |  Brad Daugherty | $3,800,000 |
| 18 | John Williams | $3,786,000 |
| 19 |  Benoit Benjamin | $3,774,600 |
| 20 | $3,710,000 |
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