Players that are slated to become free agents at the end of the year are about to get quite the payday.
According to Buster Olney of ESPN, Major League Baseball is planning to raise the Qualifying Offer price from $15.8 Million to $16.7 Million, after raising it to $15.3 Million in 2015, $14.1 Million in 2014 and $13.3 Million in 2013.
Players who are departing at the end of the year are offered a Qualifying Offer within five days after the World Series. Over the next seven days, players have the option of accepting or declining the qualifying offer, and if they decline the offer, the team that signs the player would have to give up a draft pick at the upcoming 2017 Major League Baseball Draft.
The Yankees have quite a few players entering the free agent market this year should the organization keep them on the roster past the trade deadline; Carlos Beltran, Ivan Nova and Mark Teixeira are a few names with expiring contracts at the end of the season. However, not all free agents are guaranteed a qualifying offer.