Free agency, Qualifying Offers, & draft compensation

A “Qualifying Offer” to pending free agents is now required for teams so to receive compensation in the first-year player draft the following June.

There are no more Type A and Type B free agents, per the new Collective Bargaining Agreement.

The value of the qualified offer is based on the top 125 paid players.

Teams have until five days after the World Series to make qualifying offers and the players have seven days to accept such an offer.

Teams that sign players who received a qualifying offer will surrender their first round pick in the draft, unless it’s a protected pick (choices 1-10) – those teams will surrender their second round pick.

In addition, if a team makes a qualifying offer to a free agent, and that player departs for a new team, the player’s former team receives a supplemental round draft choice.

Only players who have been with their teams for the entire year are eligible for draft compensation.

According to Jon Heyman of CBS Sports, the value of Qualifying Offers will be $13.3 million this winter.

The Mets have the 11th overall pick (unprotected) in the 2013 first-year player draft – they picked INF Gavin Cecchini as the 12th overall pick in the 2012 first-year player draft.