All nine of the free agents that received a one-year, $17.4MM qualifying offer will reject that offer in favor of free agency, Jon Heyman of FanRag Sports writes. Each of Eric Hosmer, Mike Moustakas, Lorenzo Cain, Jake Arrieta, Wade Davis, Lance Lynn, Alex Cobb, Greg Holland and Carlos Santana will turn down that one-year opportunity in search of a multi-year pact in free agency.
In doing so, that group of nine will also subject themselves to draft-pick compensation and position their former clubs to recoup some value in next year’s amateur draft should they sign elsewhere. Last offseason’s new collective bargaining agreement altered the specifics of that compensation, tying the draft picks received and surrendered largely to the luxury tax threshold, revenue sharing and the size of the contract signed by the free agent in question.
Source:: MLB Trade Rumors