The qualifying offer price for major league free agents has increased to $22,025,000, marking a 4.6% rise from the previous year's $21.05 million. This annual figure is calculated based on the average of the 125 largest major league contracts.
Qualifying offers were introduced after the 2012 season, and historically, a small percentage of players, approximately 14 out of 144, have accepted them. To be eligible, a free agent must have played continuously for the same team since opening day and must not have previously received a qualifying offer.
Several prominent players are eligible to receive qualifying offers after the World Series, including a shortstop, an outfielder, a right-handed pitcher, a designated hitter, and a left-handed pitcher, along with a San Diego right-hander and another outfielder. However, certain high-profile players like a first baseman, a Yankees outfielder, a third baseman, a pitcher, and a Phillies catcher are not eligible.
The deadline for teams to extend a qualifying offer is five days after the World Series concludes, and the player then has one week to decide whether to accept. If a player accepts a qualifying offer... download the app to read more
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