Qualifying Offers (Deadline is Midnight of Sept. 30th)

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Qualifying Offers
Please post your Qualifying Offers of Arbitration to your expiring Free Agents and Y7 players here. Please read except from Constitution below.

C. An owner is potentially entitled to draft pick compensation for free agents (and players on Y7 contracts) that he previously owned and that sign with new teams during free agency. However, the player must have been offered a Qualifying offer by midnight of September 30th to qualify for a Compensation pick. The amount of the Qualifying offer will be the greater of 150% of the annual amount of the just-expired contract or $5,000,000. The Qualifying offer is strictly a one-year offer and is stated as the opening bid for the player’s services. The team must have the necessary funds available and a hold will be placed on the amount until a bid is placed that surpasses the annual perceived value of the Qualifying offer, if at all. This clause prevents managers from extending arbitration to players that they actually do not have available money to pay. If the Qualifying offer is not outbid then the player is retained by his former club for the Qualifying offer. The only players subject to free agency compensation must have just finished out an F, I, L, Y7 or X contract. Players who were released are not subject to compensation.
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