The CFL has revealed the list of players that can potentially become free agents should they not re-sign when the free agency period opens on February 11, 2020. Here is the list of Argonauts who could become free agents in 2020.
Note: The list does not include players who were free agents or released by their clubs before the end of the regular season as the list is exclusively for pending free agents.
| PLAYER | A/N/G | POS | COLLEGE | STATUS |
| ANTIGHA Oluwatobi | A | DL | Presbyterian College | |
| AWE Micah | A | LB | Texas Tech | |
| BELTRE Frank | A | DE | Towson University | |
| BETHEL-THOMPSON Mcleod | A | QB | Sacramento State | |
| BISHOP Freddie III | A | DE | Western Michigan | |
| CAMPBELL Jamal | N | OL | York | |
| COLEMAN Davon | A | DL | Arizona State | |
| EDWARDS Armanti | A | WR | Appalachian State | |
| FOGG Kevin | A | DB | Liberty | |
| FRANKLIN James | A | QB | Missouri | |
| GABRIEL Jermaine | N | DB | Bishop’s | |
| GREEN S.J. | A | WR | South Florida | |
| HERDMAN-REED Justin | N | LB | Simon Fraser | |
| HOLMES Tyler | N | OL | Tulsa | |
| KANNEH Abdul | A | DB | New Mexico Highlands | |
| LAING Cleyon | N | DL | Iowa State | |
| MCEWEN Sean | N | OL | Calgary | |
| MEDEIROS Zackary | N | K | Western University | |
| MINCY Jonathon | A | DB | Auburn | |
| NOEL Llevi | N | WR | Toronto | |
| PFEFFER Ronald | N | K | Wilfrid Laurier | |
| PRUKOP Dakota | A | QB | Oregon | |
| RAINEY Chris | A | RB | Florida | |
| RALPH Jimmy | N | WR | Alberta | |
| RICHARDSON Shaquille | A | DB | Arizona | |
| SMITH Rodney | A | WR | Florida State | |
| STRIKER Eric | A | LB | Oklahoma | |
| WALKER Derel | A | WR | Texas A&M | |
| WASHINGTON Trumaine | A | DB | Louisville | |
| WILD Ian | A | LB | Mercyhurst College | |
| WOODS Bear | A | LB | Troy | |
| WORTHY Chandler | A | WR | Troy |