In a recent development, 13 free agents, including Juan Soto, Corbin Burnes, and Willy Adames, were offered $21.05 million qualifying offers on Monday. The likes of Pete Alonso, Alex Bregman, and Max Fried also received the one-year offer before the deadline. These players have until 4 p.m. EST on Nov. 19 to accept the offer, which would bind them to their 2024 club for another season. However, if they decline and choose to sign with another team, their new organization will have to forfeit draft picks, while their previous team will receive at least one draft pick as compensation.
Meanwhile, star pitcher Gerrit Cole decided to stay with the New York Yankees instead of becoming a free agent. The Yankees and Cole reached an agreement just before the 5 p.m. EST deadline, rescinding his free agency rights. This move was met with satisfaction from Yankees general manager Brian Cashman, who expressed that Cole is content with his current team.
