Robin Van Persie, who receives a reported £70,000 per week, holding negotiations over a new contract with the Gunners.
But fringe players such as Manuel Almunia and Marouane Chamakh are not far behind the star striker and earn weekly wages of between £50,000-£60,000-per-week, according to the Daily Mail.
Gazidis confirmed his intention to reshape the club's salary structure at an Arsenal Supporters Trust meeting and the Gunners are also expected to embark on a summer clear out in a bid to cut £23 million from the wage bill.
Gazidis said: "We have inefficiency of spending in our squad - but we are moving towards as efficient a model as possible.
"Our wage structure has been based around a flatter salary structure - that is part of a team ethos the manager develops, it's about interaction between players - not superstars.
"But we have looked at this carefully and we have to make adjustments for top talent. They are earning a lot of money and I don't think that will slow down. We have to adjust our model."