Can this get pinned to the top?
There seems to be a lot of confusion about the entire qualifying offer/free agency process when it comes to draft picks. This thread will try to summarize how the process works today.
1. After the World Series, players who have 6 years of service time and are not under contract become free agents.
2. 5 days after the World Series, at 4 PM CT, is the team's deadline for making a Qualifying Offer (QO) to free agents. The QO is the average of the top 125 salaries in MLB from the previous season. The only exception is that any player traded during that previous season is not eligible to receive a QO.
3. The players receiving QOs have 7 days to decide whether to accept the QO or decline it. If the player accepts the QO, they are signed to that team for the QO amount.
4. If a player declines the QO and signs a Major League contract with another team, the team that lost the player will get a supplemental draft pick between the 1st and 2nd rounds of the Rule 4 (amateur) draft. These are awarded in reverse order of the previous year's standings. The team that signed the player just loses their highest available draft pick; that pick DOES NOT go to the team losing the player. This includes supplemental picks received as part of losing FAs.
A hypothetical example, if the Red Sox lose Jacoby Ellsbury, they receive a supplemental pick between the first and second rounds. If they subsequently sign Shin-Soo Choo and Kendrys Morales (both offered QOs), they would lose their own first round pick and their supplemental pick they received for losing Ellsbury, NOT their 2nd round pick.
If I missed anything, let me know and I will adjust the post.
There seems to be a lot of confusion about the entire qualifying offer/free agency process when it comes to draft picks. This thread will try to summarize how the process works today.
1. After the World Series, players who have 6 years of service time and are not under contract become free agents.
2. 5 days after the World Series, at 4 PM CT, is the team's deadline for making a Qualifying Offer (QO) to free agents. The QO is the average of the top 125 salaries in MLB from the previous season. The only exception is that any player traded during that previous season is not eligible to receive a QO.
3. The players receiving QOs have 7 days to decide whether to accept the QO or decline it. If the player accepts the QO, they are signed to that team for the QO amount.
4. If a player declines the QO and signs a Major League contract with another team, the team that lost the player will get a supplemental draft pick between the 1st and 2nd rounds of the Rule 4 (amateur) draft. These are awarded in reverse order of the previous year's standings. The team that signed the player just loses their highest available draft pick; that pick DOES NOT go to the team losing the player. This includes supplemental picks received as part of losing FAs.
A hypothetical example, if the Red Sox lose Jacoby Ellsbury, they receive a supplemental pick between the first and second rounds. If they subsequently sign Shin-Soo Choo and Kendrys Morales (both offered QOs), they would lose their own first round pick and their supplemental pick they received for losing Ellsbury, NOT their 2nd round pick.
If I missed anything, let me know and I will adjust the post.