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Qualifying Offers Newsbeat

Wednesday, November 08, 2017

SI: How Are Teams Compensated for Losing a Free Agent?

MLB introduced the qualifying offer back in 2012 to replace its old free-agent compensation system in which teams were gifted draft picks based on a calculus that divided players into two pools, Type A (the top 20% available) and Type B (the top 21–40%). But in the latest CBA, the qualifying offer was overhauled. Before, signing teams would have to forfeit their highest draft pick (unless they were in the top 10 of the draft) to the player’s old club. Now, things are a little more complicated.

Apparently it only affects signing one of nine players. Plus there’s a luxury tax element that affects four teams.


Tuesday, November 07, 2017

Track qualifying offers for MLB free agents | MLB.com

Major League Baseball’s free-agent signing period has officially begun, and teams had until 5 p.m. ET on Monday to extend their prospective free agents a qualifying offer. For 2018, the qualifying offer is a one-year contract worth $17.4 million (the amount is the mean salary of MLB’s 125 highest-paid players). Players who received a qualifying offer have 10 days—until Nov. 16—to accept or reject the offer.

Jim Furtado Posted: November 07, 2017 at 04:55 AM | 6 comment(s)
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