Ten pending free agents were offered a one-year, $17.2 million qualifying offer on Monday.
These players will have one week to decide whether they will accept or decline their respective teams' deals for the 2017 season.
If accepted, they will sign with their 2016 team for the $17.2 million figure.
If declined, these players will become free agents. However, if they sign somewhere other than their 2016 team, their new club will be forced to give up their first round pick (if unprotected). Their former team, on the other hand, will receive a compensation pick, sandwiched between the first and second rounds.
Players who received the qualifying offer include:
Players traded midseason, such as Aroldis Chapman or Rich Hill, are ineligible to receive a qualifying offer.
In 2015, three players--Brett Anderson, Colby Rasmus, and Matt Wieters--accepted the qualifying offer, making them the first to take the deal since the system was put in place since 2012.