"The QO is a one-year offer calculated by averaging the 125 highest salaries in MLB. This year's price is $22.025MM. Players who receive the QO have around two weeks to get an early feel for the market before deciding whether to accept. If they do, they cannot be traded without their consent until at least June 15 of the following season - as is the case for any MLB free agent who signs a major league deal."
"If the player rejects and signs elsewhere, his former team would receive draft compensation. The signing club would forfeit a pick (or picks) and potentially international signing bonus space. The compensation and penalties vary depending on teams' revenue sharing and luxury tax statuses. MLBTR's Mark Polishuk recently examined what each team would receive if they lose a qualified free agent, and the penalties they'd pay to sign one."
Clubs have until the fifth day after the World Series to decide whether to issue qualifying offers to impending free agents. The qualifying offer equals the average of the top 125 MLB salaries, set this year at $22.025MM. Players who accept cannot be traded without consent until at least June 15 of the following season. Players who reject and sign elsewhere trigger draft compensation for their former clubs and draft- and international-bonus penalties for the signing teams, with specifics depending on revenue sharing and luxury-tax statuses. Many top free-agent hitters are ineligible, so only a few will receive and likely reject QOs; Tucker, Bichette and Schwarber are expected to decline, with Tucker eyeing contracts north of $400MM and Bichette $200M+, while Schwarber will exceed $22MM annually despite limited defensive value.
Read at MLB Trade Rumors
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