MLB free agent qualifying bid price climbs to $19.65 million

NEW YORK — – The price of a qualifying offer to Major League Baseball free agents has risen to $19.65 million, an increase of $1.25 million.

The figure is determined by the average of the top 125 major league contracts this year. The price dropped from $100,000 to $17.8 million in 2019, then rose to $18.9 million in 2020 and dropped $500,000 last year.

Among the top players who can become free agents after the World Series and who are eligible to receive qualifying offers are New York Yankees outfielder Aaron Judge, New York Mets pitchers Jacob deGrom, Edwin Diaz and Chris Bassitt and outfielder Brandon Nimmo, Boston Red Sox shortstop Xander Bogaerts, Atlanta Braves shortstop Dansby Swanson, Los Angeles Dodgers shortstop Trea Turner, Chicago Cubs wide receiver Willson Contreras and San Francisco Giants pitcher Carlos Rodon.

Players eligible for free agency but not qualifying offers include Chicago White Sox first baseman Jose Abreu, Minnesota Twins shortstop Carlos Correa and Philadelphia Phillies pitcher Noah Syndergaard.

A free agent can only receive a qualifying offer if they have been with the same team continuously since opening day and have never received a qualifying offer before.

A qualifying offer can be made up to the fifth day after the World Series, and a player then has one week to accept.

If a team makes a qualifying offer to a player who signs a major league contract with another club before the amateur draft, his former club will receive a draft pick as compensation at the end of the first round or at the end of the round competitive equilibrium B Placement depends on amount of new contract and revenue share and luxury tax status of team losing player.

Eligible offers began after the 2012 season, and only eight of 110 offers were accepted. Of the 14 players who received offers last year, only San Francisco first baseman Brandon Belt said yes.

Major League Baseball proposed last winter to drop qualifying offers and direct compensation of draft picks, and the March lockout settlement tied the proposal to players’ association accepting an international amateur draft . The union rejected the project in July.

The qualifying bid price started at $13.3 million in 2012 and increased to $14.1 million in 2013, $15.3 million in 2014, $15.8 million in 2015, 17 .2 million in 2016 and 17.4 million in 2017.

Christy J. Olson