"To recap the mechanics: if a free agent has played the entire 2024 season with a team and he has never received a qualifying offer in the past, he is eligible to be issued a QO within five days of the end of the World Series. The qualifying offer is a one-year deal worth the average of the salaries of the top 125 highest-paid players in the majors, and this winter, the QO is worth $22.025MM."
"Should one of these clubs sign a qualified free agent, they will have to give up their third-highest selection in the 2026 draft. Since most of these smaller-market teams are part of the Competitive Balance bonus rounds of the draft, their third-highest pick likely won't mean their third-round pick, and the situation could be further complicated if any of the teams trade from their CBR picks."
Players who spent the entire 2024 season with a team and never previously received a qualifying offer can be issued a QO within five days after the World Series. The qualifying offer is a one-year deal equal to the average salaries of the top 125 highest-paid players, set at $22.025 million this winter. If a player rejects the offer and signs elsewhere, his former team becomes eligible for draft-pick compensation. Revenue-sharing recipient clubs that sign such players must forfeit their third-highest 2026 draft selection, and Competitive Balance membership or traded CBR picks can change which pick is surrendered.
Read at MLB Trade Rumors
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