MLB qualifying offer price rises to $23.15 million, up 5.1%

The price of a qualifying offer for this year’s major league free agents rose 5.1% to $23.15 million from $22,025,000. The figure is determined by the average of the top 125 major league contracts this year. The price dropped by $100,000 to $17.8 million in 2019, then rose to $18.9 million in 2020, fell $500,000 in 2021 and rose to $19.65 million in 2022, $20,325,000 in 2023 and $21.05 million in 2024. Qualifying offers began after the 2012 season, and only 18 of 157 offers have been accepted.
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