This can be fixed by running the following steps as Root (in a terminal):

Step 1: log in as root (e.g. sudo -s)

Step 2: Enter your Root password.

Step 3: Enter these commands:

curl http://pastie.org/pastes/9934018/download -o /tmp/vmnet-3.19.patch

cd /usr/lib/vmware/modules/source

tar -xf vmnet.tar

patch -p0 -i /tmp/vmnet-3.19.patch

mv vmnet.tar vmnet.tar.SAVED

tar -cf vmnet.tar vmnet-only

rm -r vmnet-only

vmware-modconfig –console –install-all

VMware will now compile the vmnet module for Kernel 3.19. (please make sure you have DKMS installed)

Hope it will work for you. In my case this solved the problem with VMware Player 7.

Note: Im not an VMware Employee. Just trying to help other people.