Qualifying Offer Value To Land Around 20.5M

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The qualifying offer for the upcoming offseason will be in the $20.5MM range, . The specific number may not be known until shortly after the conclusion of the regular season. Itll be the highest QO value in league history. The offer price is calculated by averaging the salaries of the 125 highest-paid players in the majors. That figure generally increases year over year as overall spending rises. The annual progre sion of the QO value since its implementation during the 2012-13 offseason Dominique Wilkins Jersey : 2012-13: $13.3MM 2013-14: $14.4MM 2014-15: $15.3MM 2015-16: $15.8MM 2016-17: $17.2MM 2017-18: $17.4MM 2018-19: $17.9MM 2019-20: $17.8MM 2020-21: $18.9MM 2021-22: $18.4MM 2022-23: $19.65MM 2023-24: roughly $20.5MM Teams can make the qualifying offer to an impending free agent who has a) never previously received a QO in their career and b) spent the entire 2023 season on their roster. Itd be a one-year offer valued at that approximate $20.5MM price point. Players tagged with the QO have five days to decide whether to accept that lofty one-year salary or decline in search of a free agent contract. Signing a player who rejects a qualifying offer from another team requires forfeiture of a draft choice and potentially international signing bonus space, depending upon the signing clubs revenue sharing status. A team receives compensation for the lo s of a player who turned down a QO and signed elsewhere. 14 players received qualifying offers last offseason. and accepted. The other 12 players declined, though , and subsequently ended up re-signing with their previous team. , , , , , and are among the players who are near locks to receive and reject the QO this winter. and were taken out of QO consideration by midseason trades, while and are ineligible as previous recipients. Devin Vassell Jersey

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