Friday, October 11, 2013

Qualifying Offers Will Be Worth $14.1 Million This Year

We finally have a number to put with the qualifying offers that the Yankees will likely to be offering to free agents like Curtis Granderson, Robinson Cano, and Hiroki Kuroda. The qualifying offer will be set at $14,100,000 for the 2014 season on one year deals. Last year the qualifying offers were worth $13,300,000 which is a $800,000 increase from last season.

Just as a reminder you must offer your own free agent a qualifying offer and he must decline it to get a compensation draft pick for him. The team that signs him will relinquish their first round pick, unless it is in the top 10 because those are protected, and the Yankees will get a pick at the end of the first round.

Also worth noting that you must be with your team the entire season, this is for you Matt Garza, to be offered a qualifying offer. Anyone acquired at the trading deadline cannot be offered a qualifying offer and the team who had them can lose their free agent and get nothing in return.

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Sorry for the Capatcha... Blame the Russians :)