The World Series looms and the offseason will begin around two weeks from now. One of the first key decisions for teams is whether to issue a qualifying offer to any of their impending free agents. Clubs have until the fifth day after the conclusion of the World Series to make QO decisions.

The QO is a one-year offer calculated by averaging the 125 highest salaries in MLB. This year’s price is $22.025MM. Players who receive the QO have around two weeks to get an early feel for the market before deciding whether to accept. If they do, they cannot be traded without their consent until at least June 15 of the following season — as is the case for any MLB free agent who signs a major league deal.

If the player rejects and signs elsewhere, his former team would receive draft compensation. The signing club would forfeit a pick (or picks) and potentially international signing bonus space. The compensation and penalties vary depending on teams’ revenue sharing and luxury tax statuses. MLBTR’s Mark Polishuk recently examined what each team would receive if they lose a qualified free agent, and the penalties they’d pay to sign one.

Yesterday, MLBTR looked at a relatively light class of expected recipients on the position player side. There’s more intrigue with the pitching, which could feature a handful of borderline cases depending on option decisions and health questions.

No-Doubters

• Dylan Cease (Padres)
• Edwin Díaz (Mets)
• Ranger Suárez (Phillies)
• Framber Valdez (Astros)

This group is straightforward. Valdez and Suárez should easily land nine-figure contracts. Cease will probably begin the offseason with a nine-figure ask of his own based on his durability, plus stuff, and excellent strikeout potential. His 4.55 ERA and general inefficiency in the second half might prevent him from cashing in to that level, but he’d at least be able to command a two- or three-year deal with opt-outs even if his market doesn’t materialize as hoped. There’s no reason for him to accept a one-year deal.

Díaz is expected to opt out of the remaining two years and $38MM on his contract. He wouldn’t do that only to accept a one-year offer at $22MM. He’ll decline the qualifying offer and could look for a four-year deal that pays around $20MM annually.

Likely Recipients

• Zac Gallen (Diamondbacks)
• Michael King (Padres)
• Brandon Woodruff (Brewers)

All of these pitchers seem like comfortable recipients as well, though it’s not 100% certain they’d each decline as the top tier would. Gallen had an up-and-down season that concluded with a 4.83 earned run average over 192 innings. His 21.5% strikeout rate was the lowest of his career, and he struggled with the home run ball for the first time in four seasons. It’s not an encouraging walk year, but he’s only 30 years old and is a few months removed from having a case for a $150MM contract. While he’s not going to get there now, he should be able to land a two-year deal with an opt-out if no team is willing to pay nine figures.

King and Woodruff would’ve been locks to reject the QO had they finished the season at full stride. King missed a couple months with a pesky nerve injury in his throwing shoulder, then lost a few weeks to a knee issue. He returned in the middle of September but didn’t make it beyond five innings in any of his final four starts. The Padres carried him on the playoff roster but had pushed him far enough down the depth chart that they turned to a diminished Yu Darvish to start an elimination game while keeping King in the bullpen. It’s still likely that he’ll decline the qualifying offer and command a multi-year deal, but it’s an uphill battle to the nine-figure money that once seemed to be in the cards.

Woodruff finished the season on the injured list with a lat strain. He’d missed all of 2024 and the first half of this past season rehabbing from a shoulder surgery. In between, he was one of the best pitchers on the planet. He turned in a 3.20 ERA with a 32% strikeout rate across 12 starts. Teams are always on the hunt for playoff-caliber starters, and Woodruff certainly has that kind of ceiling. The durability questions and his age (33 in February) are likely to keep him at two or three years, but he should command a multi-year contract that pays at or above the qualifying offer price.

Borderline Calls

• Jack Flaherty (Tigers)

Flaherty has a $20MM player option. He’ll only become a free agent if he believes he’s going to beat that on the open market. Would he decline the option just to accept a qualifying offer for an extra $2MM if the Tigers offered it? That seems unlikely but isn’t impossible. He’d have the approximate two-week window after receiving the QO to gauge the market, and if he’s not finding the kind of early interest he’d hope, it could make sense to accept the offer.

The Tigers would need to decide whether it’s worthwhile to take that chance. Flaherty is coming off a middling 4.64 ERA but took the ball 31 times and struck out 27.6% of opponents. There are some similarities to where Nick Pivetta was at this time last year: a reliable source of innings with a plus strikeout/walk profile but concerns about his home run tendency. It was a little surprising that the Red Sox made Pivetta a qualifying offer and even more so that he turned it down. That gamble ended up netting the Sox the #75 pick in the draft. The Tigers, as revenue sharing recipients, would get a pick after the first round if Flaherty declines a QO and still pulls a $50MM+ guarantee from another team (as Pivetta did).

• Lucas Giolito (Red Sox)

Giolito lost the 2024 season to internal brace surgery. He began this year on the injured list after suffering a Spring Training hamstring strain. He posted an ERA near 5.00 in May before settling in as a productive mid-rotation arm over the next few months. Giolito turned in a 3.03 earned run average across 20 starts and 113 innings from June onward.

A sub-20% strikeout rate raised some doubts about the sustainability of that kind of run prevention. Still, he looked like a reliable third starter who would do well on the open market once he crossed the 140-inning threshold to convert a $14MM team option into a $19MM mutual provision. Luis Severino had a similar profile and commanded three years and $67MM with an opt-out after declining a qualifying offer last winter. While that contract was an overpay to get a free agent starter to pitch at Sutter Health Park, a three-year deal in the mid-$50MM range is still preferable to accepting a QO.

Then came another injury. Giolito suffered flexor irritation and a bone issue in his throwing elbow at the end of the regular season. He did not make the Wild Card roster and would not have been available even if the Red Sox had made a deep postseason run. Giolito told Chris Cotillo of MassLive that there’s no ligament damage and the issue should heal with rest. Whether to make the QO will come down to Boston’s risk tolerance on the elbow.

The Sox’s luxury tax status should also be a consideration. Unofficial public estimates have them narrowly above the $241MM base threshold. If that’s the case, they’d only get a compensatory pick after the fourth round if Giolito rejects a QO and signs elsewhere. It’d fall in the #75 overall range — like the Pivetta pick — if they had stayed below the tax threshold. That won’t be known publicly until MLB releases its final payroll tallies in December, but the team surely has an idea of where they stand.

• Shota Imanaga (Cubs)

Imanaga has a complex option setup that might keep him from getting to free agency. The Cubs first need to decide whether to exercise a three-year, $57MM option covering the 2026-28 seasons. If they decline, Imanaga has the right to opt out of the remaining two years and $30MM on his deal. If both sides decline their end of the option structure, he’ll be a free agent. The Cubs would then need to decide whether to make the qualifying offer or be content to let Imanaga walk.

The longstanding assumption has been that the team would exercise the three-year option. Imanaga was fantastic in 2024 and carried a 3.08 ERA over 20 starts through the end of August this season. Then he got torched in September (6.51 ERA) and gave up six runs over 6 2/3 innings during two postseason starts. He gave up at least one home run in each of his last nine regular season starts, as well as in both playoff outings. Imanaga surrendered an MLB-worst 20 longballs in the second half.

That’s likely to continue to be a problem. Imanaga’s fastball sits around 90 MPH and he’s an extreme fly-ball pitcher. After striking out more than a quarter of batters faced during his rookie season, that dropped to a slightly below-average 20.6% mark this year. There are a lot of red flags, but he also owns a 3.28 ERA over 318 MLB innings in the last two seasons. How much has the final six weeks soured the Cubs on his future projection?

Unlikely/Long Shots

• Brad Keller (Cubs)
• Tyler Mahle (Rangers)
• Robert Suarez (Padres)
• Luke Weaver (Yankees)
• Devin Williams (Yankees)

This group gets a cursory mention largely because there’s often one or two long shot recipients each year. Pivetta and especially Nick Martinez fell into this bucket last winter. Still, it’d register as a major surprise if anyone from this group receives the QO.

Suarez probably has the best chance. He’s one of the game’s best closers and should command a strong two-year deal for his age 35-36 seasons. The Padres have been navigating short-term payroll questions for the past few years, though, and they have Mason Miller as an obvious alternative to handle the ninth inning. Even if they want to give Miller a chance to start, Jeremiah Estrada or Adrian Morejon could close. With bigger needs in the rotation and at first base, they should let Suarez walk.

Mahle had a sterling 2.18 ERA across 16 starts but didn’t miss many bats. He then suffered a rotator cuff strain that cost him three months between mid-June and September. He has battled various shoulder injuries over the past two seasons and underwent Tommy John surgery in 2023. The Rangers are cutting payroll and need to overhaul their lineup. Committing $22MM to Mahle wouldn’t make much sense.

Williams, Keller and Weaver are three of the top relievers in the class. Teams generally reserve the QO for established high-end closers (e.g. Josh Hader, Raisel Iglesias). Williams would’ve been in that group if he’d had a typical platform year, but he finishes his first and probably only season in the Bronx with an ERA near-5.00.

Ineligible

• Chris Bassitt
• Shane Bieber
• Raisel Iglesias
• Merrill Kelly
• Zack Littell
• Nick Martinez
• Justin Verlander

Players who have previously received a qualifying offer in their careers cannot be tagged with a second one. That rules out Bassitt, Iglesias, Martinez and Verlander. Teams can only make the offer to players who spent the entire preceding season on their roster. Bieber, Kelly and Littell (who would’ve been unlikely anyway) were all traded at the deadline.

MLBTR continues its position-by-position look at the upcoming free agent class. Before we move on to the pitching, we’ll wrap up the offensive group by looking at the designated hitters. Every position player technically could play DH, of course, but the vast majority of the class has been covered in one of our prior positional previews. We’ll limit this look to players who are either primary designated hitters or took at least 200 plate appearances at the position this year. Player ages, listed in parenthesis, are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field, corner outfield

Top of the Class

Kyle Schwarber (33)

With the exception of Shohei Ohtani, Schwarber is the top free agent designated hitter in years. He’s going to become the first pure DH to sign a nine-figure contract after blasting an NL-best 56 home runs and leading MLB with 132 runs driven in. Schwarber played in all 162 games and batted .240/.365/.563 over 724 trips to the plate.

Schwarber hit 38+ homers in all four seasons of the free agent contract he’d signed with Philadelphia. He’s going to strike out a lot, but he’s among the five best power hitters in the sport. He’s also adored in the Philly clubhouse, and president of baseball operations Dave Dombrowski has made no secret about their desire to keep him. Schwarber is going to decline a qualifying offer and should be in position for a four-year contract that pays more than $25MM annually. There’s a non-zero chance that a team stretches to five years to push the overall guarantee above $130MM.

Regular DH Options

Josh Bell (33)

The ever streaky Bell alternated bad and excellent months throughout the season. He had a .730 OPS or below in each of April, June and August while posting an .860 or better in May, July and September. The end result was a .239/.326/.421 batting line with 22 home runs across 533 plate appearances. For all his inconsistency within seasons, Bell has reliably ended up as a slightly above-average hitter in each of the past three years. He should command another one-year deal.

Starling Marte (37)

After consecutive seasons of declining production, Marte had a bit of a rebound in a part-time role for the Mets. He hit .270/.335/.410 over 329 plate appearances. Marte only hit seven homers and isn’t the kind of power bat that teams will want as an everyday DH, but he can take 250-300 at-bats while playing a part-time corner outfield role.

Andrew McCutchen (39)

Cutch has signed a series of one-year, $5MM deals with the Pirates over the past few seasons. This year’s .239/.333/.367 line with 13 homers is his worst production of his three-year second stint in Pittsburgh. McCutchen still has a strong awareness of the strike zone, but he’s no longer a threat for 25-30 homers at this stage of his career. It seems likely he’ll work out another cheap one-year deal with the Bucs.

Marcell Ozuna (35)

Ozuna is the cheap alternative to Schwarber as a true everyday designated hitter. He’s only one season removed from being one of the sport’s best offensive players. Ozuna combined for 79 home runs with a .289/.364/.552 slash between 2023-24. He’s coming off an underwhelming walk year at age 34, as he regressed to a .232/.355/.400 batting line with 21 homers over 592 trips to the plate. It’s still above-average offensive output but not great production for a player who hasn’t logged a single inning on defense in two years.

The in-season trend lines were not encouraging. Ozuna hit .280/.426/.457 with nearly as many walks as strikeouts through the end of May. For a while, he looked as if he’d be one of the best rental hitters available at the trade deadline. He then went through a three-month slog in which he hit .185/.300/.362 over 278 plate appearances. That killed any chance of the Braves getting more than marginal salary relief, so they kept him for the stretch run. Ozuna rebounded somewhat to hit .261 in September, but he struck out at a 32% clip and only connected on one home run in the season’s final month. He’ll be limited to a one-year deal that might be half of the $16MM salary he collected this past season.

Jorge Polanco (32)

Polanco’s contract technically contains a $6MM player option, but he’s going to decline that and hit free agency. The Mariners surprisingly re-signed him on the heels of a disappointing 2024 season. Seattle attributed the down year to a knee injury through which he’d played that required postseason meniscus surgery. They’ve been proven right with a resurgent year from the switch-hitting infielder. Polanco drilled 26 homers and 30 doubles with a .265/.326/.495 line.

While Polanco can still hit, he’ll face questions about his defensive workload over 162 games. Seattle initially planned to play him at third base, believing that not needing to navigate the second base bag would be easier on his knee. That lasted five games before renewed soreness and an oblique injury led the M’s to use him as a full-time designated hitter for a while. He began mixing in second base work in June and played there regularly for the final three weeks of the season. He’s a long shot candidate for a qualifying offer but will likely hit free agency without draft compensation. He should get at least a two-year deal and has a chance for three.

Bench Bats

Wilmer Flores (34)

Flores got out to a strong start to the season, popping seven home runs with a penchant for clutch hits in April. He had a pedestrian .245/.315/.365 batting line from the beginning of May onwards. Flores has made a career as a versatile defender who hits left-handed pitching, but he’s essentially limited to DH and first base at this point. He only has a .228/.278/.371 slash against southpaws over the past two seasons and may need to take a minor league deal.

Mitch Garver (35)

Garver logged nearly 400 innings behind the plate as Cal Raleigh’s backup. The Mariners signed him with the expectation that he’d be their primary designated hitter, but he hit .187/.290/.341 in 201 games over two seasons in the Pacific Northwest.

Justin Turner (41)

Turner got $6MM from the Cubs last offseason to work as a veteran righty bat off the bench. He hit .219/.288/.314 over 80 games in his age-40 season and is probably looking at a minor league deal if he continues playing.

Jesse Winker (32)

Winker landed a $7.5MM guarantee to re-sign with the Mets last offseason. He’ll probably be limited to minor league offers this winter after oblique and back injuries limited him to 26 games.

Player Options

Joc Pederson (34)

Pederson will exercise a $16.5MM player option with Texas after hitting .181/.285/.328 over 306 plate appearances. The Rangers will need a huge rebound from a player who’d hit .275/.393/.515 with the Diamondbacks in 2024.

A number of teams (and their fanbases) have already turned their attention towards the offseason. Identifying free agent targets is a big part of that prep work, so it’s worth taking a look at the players who’ll be available at each position.

We’re moving to the outfield corners, where there are a couple of strong everyday guys but then a huge drop-off to the lower tiers. Ages listed are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field

Top of the Class

• Kyle Tucker (29)

Tucker isn’t going into free agency with the ideal amount of momentum. His 2024 season was truncated by a shin fracture. His 2025 campaign was dragged down by a finger fracture and a calf strain. He missed some time and didn’t perform up to expectations in the last few months before hitting the open market.

Regardless, he’s head and shoulders above everyone else listed here. Even with the recent hiccups, he’s been one of the best players in baseball for a few years now. Dating back to the start of 2020, he has a combined .276/.362/.513 batting line and 141 wRC+. He has stolen 113 bases in that time and generally been given strong grades for his defense. FanGraphs has credited him with 25.2 wins above replacement in that stretch, a mark that puts him behind only ten position players.

The injuries may create a bit of uncertainty but his record is otherwise very solid, well-rounded and consistent. For teams looking for a clear and immediate corner outfield upgrade, he’s the obvious choice. Big spenders like the Dodgers, Yankees, Phillies, Blue Jays, Angels, Rangers and Giants have outfield questions and could push the bidding up. Re-signing with the Cubs would be out of character for that club but they clearly love him, since they gave up a lot to get him a year ago. A dark-horse team like the Mariners, Orioles, Tigers or Rays could also be possible. He will receive and reject a qualifying offer from the Cubs and will therefore be attached to the associated penalties, though that will be a small consideration for a player like this.

Everyday Regulars

• Cody Bellinger (30)

It has already been reported that Bellinger will be opting out of his deal, which should come as no surprise. He’ll take a $5MM buyout instead of next year’s $25MM salary, leaving $20MM on the table. That’s an easy decision, as he should be able to top that handily. His previous trips to free agency haven’t yielded the desired long-term deal, but he should be in a better spot this time around. His dismal 2021 and 2022 seasons now seem like distant memories. That’s also true of his 2019 MVP form, but he has settled in as a solid everyday player.

With the Yankees this year, Bellinger hit 29 home runs. He only struck out 13.7% of the time, and he stole 13 bases. His defense was passable in center but above-average in the corners. He slashed .272/.334/.480 for a 125 wRC+. FanGraphs gave him 4.9 fWAR for the season.

There are some questions under the hood. The offense might not be totally sustainable. His batted ball metrics are relatively pedestrian, and he likely benefitted from the short porch at Yankee Stadium. All of this year’s homers were to the pull side. He slashed .302/.365/.544 at home but .241/.301/.414 on the road. He probably won’t be considered an everyday center fielder since he hasn’t done that since 2022. Still, he’s the best corner outfield option apart from Tucker, and there’s a big drop to the next tier. Bellinger won’t receive a QO because he’s already received one in his career and is therefore ineligible. He should get a strong multi-year deal.

• Mike Yastrzemski (35)

After Tucker and Bellinger, there’s a clear drop. Guys like Trent Grisham, Cedric Mullins and Harrison Bader may get consideration for corner jobs but the center field market is also not strong, so they can probably find up-the-middle gigs.

That leaves Yaz as arguably the best solid regular after Tucker and Bellinger. He’s been a decent player for years now. He’s not a superstar but has generally been above-average at the plate and in the field. He’s had five straight seasons with a wRC+ between 99 and 111. He has produced between 3 and 9 Defensive Runs Saved in each of those seasons while Outs Above Average has had him a bit closer to par. FanGraphs has given him between 1.5 and 2.4 WAR in each of those five campaigns.

Despite that track record of reliably decent production, his earning power won’t be huge. A late bloomer, he didn’t break out until his age-28 season. He’s now reaching free agency for the first time just after his 35th birthday. He’ll probably be limited to one-year offers, but a two-year pact isn’t totally out of the question.

Platoon/Bounceback Bats

• Miguel Andujar (31)

Andujar just wrapped up a good season between the Athletics and Reds. He slashed .318/.352/.470 for a 125 wRC+. Most of that damage came against southpaws. The righty bat slashed .290/.331/.429 for a 108 wRC+ against righties but .389/.409/.578 and a 171 wRC+ against lefties. His 2024 production was even more lopsided, with a 192 wRC+ with the platoon advantage and 82 without. In addition to the outfield corners, he also played first and third base this year, so he should find a home somewhere as a lefty masher with some defensive versatility.

• Michael Conforto (33)

Last winter, the Dodgers gave Conforto $17MM on a one-year deal, but it didn’t work out. He hit .199/.305/.333 and was left off the club’s playoff roster. The track record is still decent enough that he could find some club willing to take a bounceback flier. He oddly had reverse splits in 2025, but his career splits are traditional. The lefty swinger has a .249/.351/.460 line and 121 wRC+ against righties in his career and a .233/.318/.391 line and 98 wRC+ against southpaws.

• Randal Grichuk (34)

Grichuk didn’t have a great campaign in 2025, hitting just .228/.273/.401. Even against lefties, he had a subpar .227/.273/.430 slash and 89 wRC+. However, he’s just one year removed from posting a .319/.386/.528 line and 152 wRC+ against southpaws. Even on the heels of that strong showing, he was only able to secure a $5MM guarantee to return to the Diamondbacks, so he should be even more affordable this time.

• Austin Hays (30)

For his career, the righty-swinging Hays has a .282/.340/.479 line against lefties and .253/.301/.416 otherwise, leading to respective wRC+ tallies of 124 and 97. This year was even more extreme, with a .319/.400/.549 line and 155 wRC+ against southpaws and a .249/.286/.422 line and 88 wRC+ without the platoon advantage. Beyond the offense, Hays is considered a strong defender but has been fairly injury prone in the past two seasons.

• Max Kepler (33)

Kepler signed a one-year, $10MM deal with the Phillies last offseason. He thought he was going to be an everyday player, but the Phils mostly shielded him from lefties. He was only sent up to face a southpaw 76 times this year and didn’t fare well. He also didn’t hit righties, turning in a .216/.305/.399 line and 93 wRC+. However, his career numbers are better, with a .240/.324/.446 line and 107 wRC+ with the platoon advantage. He’s solid with the glove, but his rough season at the plate should give him less earning power compared to a year ago.

• Starling Marte (37)

Marte had a good season at the plate, slashing .270/.335/.410 for a 112 wRC+, but mostly as a designated hitter. The Mets only put him out on the grass for 65 innings. Given his age and injury history, he probably can’t be counted on for much more than that going forward.

• Rob Refsnyder (35)

Refsnyder is turning 35 in March but he just keeps hitting lefties. For his career, he has a .281/.383/.443 line and 129 wRC+ with the platoon advantage. In 2025, he was even better, putting up a .302/.399/.560 line and 159 wRC+ against southpaws. There was previously some suggestion he was flirting with retirement, but he plans to play in 2026.

• Austin Slater (33)

Slater has generally been solid against lefties in his career, but his past two seasons have been rough. Overall, he hit .212/.299/.314 for a 77 wRC+ during the 2024 and 2025 seasons. That included some league-average production against southpaws in 2025, but injuries limited him to just 65 games on the year. His career .267/.357/.430 line and 119 wRC+ against lefties will get him some interest, but his recent struggles and injuries will tamp down his earning power.

• Lane Thomas (30)

Thomas is coming off an injury-marred season. He only appeared in 39 games. He underwent surgery to address his plantar fasciitis in September, a procedure that comes with a recovery timeline of three to four months. He’s not too far removed from a 28-homer season in 2023, but even at his best, he did most of his damage against lefties. He has a career .292/.359/.500 line and 135 wRC+ versus southpaws and a .220/.287/.383 line and 84 wRC+ when facing righties. In addition to his bat, he can steal bases and play a passable center field, but his health situation clouds his status somewhat.

• Jesse Winker (32)

Winker’s a good hitter but his health comes and goes. He only played 61 games in 2023 due to back problems. He bounced back in 2024, showing enough that the Mets gave him $7.5MM on a one-year deal for 2025. However, oblique and back issues limited him to just 26 contests this past year. His track record enough to get him interest, but he’s never been a good defender and the injuries keep pushing him more firmly towards full-time designated hitter status.

Depth Types

• Mark Canha (37)
• Bryan De La Cruz (29)
• Adam Frazier (34)
• Jason Heyward (36)
• Sam Hilliard (32)
• Connor Joe (33)
• Jarred Kelenic (26)
• Tommy Pham (38)
• Hunter Renfroe (34)
• Chris Taylor (35)
• Alex Verdugo (30)

Options/Opt-Outs

• Lourdes Gurriel Jr. (32)

Gurriel can opt out of his deal, walking away from the one year and $18MM guarantee he’s still owed. He won’t do it though. He suffered a torn right ACL in September. The surgery comes with a recovery timeline of nine to ten months, putting him out of action through at least the first half of 2026.

• Ramón Laureano (31)

The Padres can retain Laureano for 2026 via a $6.5MM club option. That’s a bargain, considering he just hit .281/.342/.512 for a 138 wRC+ and was credited with three wins above replacement by FanGraphs. The Padres have ongoing financial issues but should pick up the option without much thought. Even if they don’t want to pay Laureano themselves, he’d have plenty of trade value (though it’s likely he’s their regular left fielder next year).

• Tyler O’Neill (31)

O’Neill can opt out of his deal, walking away from the two years and $33MM he is still owed. But injuries limited him to 54 games and a dismal .199/.292/.392 showing in 2025, so it would be silly of him to trigger that opt-out.

Photo courtesy of Rick Scuteri, Imagn Images