Fast bowler Brett Lee has retained his Cricket Australia contract for 2010-11 but fellow pacemen Stuart Clark and Nathan Bracken were among five players dropped from the 25-strong list.
Batsmen Brad Hodge and David Hussey and wicketkeeper Graham Manou also lost their central contracts.
The selectors have stuck by Lee, 33, who has retired from test cricket, despite injuries and poor form.
He's been selected in the squad for the Twenty20 World Cup in the West Indies starting on April 30.
The five promoted players are pacemen Ryan Harris and Clint McKay, wicketkeeper-batsman Tim Paine, all-rounder Steven Smith and batsman Adam Voges.
Contracted players will receive a minimum retainer of A$200,000 dollars plus match fees, tour fees and prize money.