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With the road to the World Series well under way, MLB free agency will be right around the corner. Check out everything you need to know about Hot Stove season, including key dates around the qualifying offers, options and when teams can officially sign free agents.
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MLB free agency typically begins the day after the conclusion of the World Series. However, players cannot sign with a new team until 5 p.m. ET five days after the end of the World Series.
In 2023, free agency began on November 6. The exact date varies slightly each year based on the end of the postseason. This year, the latest final date for the World Series would be November 2nd.
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Trades are not allowed from the MLB Trade Deadline until the end of the World Series. Trades can be made again the day after the World Series ends.
Options are extensions added to a player contract that can be exercised by a player or a club to stay with their current team. A “club option” means the team gets to make the call if they want to extend the player’s contract for the next season. A “player option” puts the power in the hands of the player. A less common “mutual option” would only be exercised if both team and player agree.
Options must be exercised within five days of the end of the World Series.
A qualifying offer is a one-year contract offer that teams can use to extend their pending free agents, typically at a value determined by the average salary of the league’s top 125 players. For the 2023 offseason, for example, the qualifying offer was set at $20.325 million.
Teams can extend this offer to players who are about to enter free agency only if they have spent the entire previous season with them and if the player has never received a qualifying offer before. The player then has a short window to accept or reject the offer. If accepted, they return to the club for a year. If not, they enter free agency and if signed, the original team will receive draft compensation.
Salary arbitration is a process used to resolve salary disputes between teams and players who are not yet eligible for free agency but have enough service time to negotiate higher pay. It occurs when a player and their team cannot agree on a salary for the upcoming season, and it is primarily used for players with between three and six years of Major League service time (with some exceptions for “Super Two” players who qualify at just over two years).
Here’s how it works:
Eligibility: Players with three to six years of MLB service time, or “Super Two” players
Negotiation: Teams and players try to negotiate a contract for the upcoming season. If they cannot agree by a mid-January deadline, the player and team exchange salary figures, indicating how much the player wants and how much the team is willing to pay.
Arbitration Hearing: If no settlement is reached, the case goes to a hearing, where an independent panel reviews the player’s past performance, their contributions to the team, and comparable player salaries. The player and team each present their case.
Decision: The arbitration panel decides on one of the two proposed salary figures (either the player’s or the team’s), with no middle ground. The ruling is binding, meaning the player will earn the chosen salary for the next season.
Many top MLB players will be free agents for the 2025 MLB season. Below are some of the top targets for teams:
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Fernando Tatis Jr.’s towering two-run home run highlighted a six-run second inning, and the San Diego Padres held on to beat Shohei Ohtani and the rival Los Angeles Dodgers 6-5 on Tuesday night to take a 2-1 lead in a tense NL Division Series.
The Padres moved within one victory of eliminating the Dodgers in the NLDS for the second time in three seasons. Game 4 is Wednesday night at Petco Park, which was packed with a rally towel-waving record crowd of 47,744.
The fans roared as Robert Suarez struck out Gavin Lux on a full-count pitch to complete a four-out save.
Tatis’ impressive homer gave the Padres a 6-1 lead, but Teoscar Hernández hit a grand slam with one out in the third off Michael King to bring the Dodgers within a run.
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Mookie Betts also homered for the Dodgers to break an 0-for-22 playoff slump, but apparently thought left fielder Jurickson Profar had robbed him like he did in Sunday night’s 10-2 Padres win at Dodger Stadium, when tempers flared on the field and in the stands. Betts rounded first and headed toward the dugout before teammates and even King motioned that it was a homer.
Tatis’ shot into the left-field seats was his third of the series, leaving him one shy of the NLDS record held by Carlos Beltran (2004, Houston) and Nick Castellanos (2023, Philadelphia). Tatis had two of San Diego’s six homers Sunday night. The flamboyant Tatis stood for a few seconds and watched the ball sail out of the yard, flipped his bat and gestured toward the dugout before beginning his trot.
King got his second win in as many playoff starts after allowing five runs and five hits in five innings, with three strikeouts and one walk. He was coming off a gem in the opening game of the Wild Card Series against Atlanta, when he became the first pitcher in history to have 12 strikeouts with no runs and no walks in a postseason debut in San Diego’s 4-0 win.
Betts gave the Dodgers a 1-0 lead in the first after some confusion.
He lofted a flyball to the left-field corner with one out in the first inning at almost the same distance as he did in Dodger Stadium on Sunday night, when Profar leaped and reached into the crowd to make the catch. After Profar landed, he trolled the fans by staring at them and bouncing up and down several times before throwing the ball to the infield.
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Profar leaped again Tuesday night but couldn’t bring it back, with the ball ticking off his glove and into the crowd. Betts rounded first and turned toward the dugout before he got to second. Betts’ teammates in the dugout, including Max Muncy, motioned for him to keep going and King gestured with his right arm that it was fair.
Betts resumed his trot after his first playoff hit since Game 3 of the 2022 NLDS against San Diego, which the Padres won in four games.
San Diego’s second-inning outburst came against losing pitcher Walker Buehler, who was making his first playoff start since Game 6 of the NLCS against Atlanta. Buehler missed the 2023 season after undergoing a second Tommy John surgery in August 2022.
The first five Padres batters reached and scored. Xander Bogaerts drove in a run on a fielder’s choice and David Peralta hit a two-run double. Kyle Higashioka hit a sacrifice fly two batters before Tatis homered with two outs.
Manny Machado hit a leadoff single and ended up on third after first baseman Freddie Freeman fielded Jackson Merrill’s grounder and hit Machado on the left shoulder while throwing to second from his knees.
Buehler also went five innings, allowing six runs and seven hits with no strikeouts and one walk.
The Dodgers opened the third by loading the bases on consecutive singles by Miguel Rojas, Shohei Ohtani and Betts before Hernández hit a towering shot to straightaway center.
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Dodgers: SS Miguel Rojas came out of the game in the top of the third. … Freeman was back in the lineup after coming out after five innings on Sunday night with discomfort in his sprained right ankle. He was lifted for a pinch-runner after limping to first on an eighth-inning single.
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The Padres will start Dylan Cease in Game 4 on short rest, manager Mike Shildt said. Meanwhile, the Dodgers will go with a bullpen game as they face elimination. First pitch at Petco Park is scheduled for 9:08 p.m. Eastern Time on FS1.
Reporting by The Associated Press.
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