The fast bowler figures along side Mahela Jayawardene, Kumar Sangakkara, Tillakaratne Dilshan and Thilan Samaraweera in the central contracts, that will come into effect from June this year.
Malinga, however, will be only entitled to USD 40,000 as his appearance would be limited to the Twenty20 and one-day cricket.
The 28-year-old had earlier last year announced his retirement from the longer version of the game, blaming the SLC for failing to renew his contract.
Malinga, who is said to be on a USD 1.1 million contract with Mumbai Indians in the IPL, had last month hinted that he may not sign up with the SLC, though, he would continue to make himself available for national selections.
The category-2 of central contracts figures Nuwan Kulasekara, Angelo Mathews, Rangana Herath and Upul Tharanga, while category-3 is limited to wicketkeeper Prasanna Jayawardene.
Tharanga Paranavitana, Suraj Randiv, Ajantha Mendis and Dinesh Chandimal are in category-4 followed by Dilhara Fernando, Chanaka Welegedara and Thisara Perera in category-5.
Chamara Kapugedera, Suranga Lakmal and Lahiru Thirimanne have been placed at the bottom of the pedestal.