MLB1h ago
MLB Qualifying Offer Climbs to $23.15 Million
The average of the top 125 contracts sets the new figure for this offseason's free-agent offers, marking a 5.1 percent increase.
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New Price Point Established
The qualifying offer for eligible free agents has been set at $23.15 million. This amount reflects a 5.1 percent rise from the previous level of $22,025,000. The figure is calculated using the average value of the top 125 major league contracts.
Historical Trends and Acceptance Rates
The offer price has fluctuated over recent years, reaching $17.8 million in 2019 before climbing to $18.9 million in 2020. It then fell by $500,000 in 2021, rose to $19.65 million in 2022, reached $20,325,000 in 2023 and stood at $21.05 million in 2024. Since the system began after the 2012 season, 18 of 157 offers have been accepted. A record four players took the offer last year out of 13 extended.
Eligible Players and Compensation Rules
Players must have remained with the same club since opening day and never received an offer before to qualify.
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