Qualifying Offer Value Set At $21.05MM
Briefly

The qualifying offer for the 2024-25 offseason is set at $21.05 million, a rise of $725,000 from last year's figure of $20.325 million.
The QO value has nearly always increased since its introduction in the 2012-16 collective bargaining agreement, indicating a trend of rising player salaries in the league.
Players can only receive one qualifying offer in their careers and must have spent the entire previous season on the issuing team's roster. This system ensures teams get compensation.
Teams must issue qualifying offers to their impending free agents shortly after the World Series, giving players a week to gauge market interest before deciding on the offer.
Read at MLB Trade Rumors
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