Major League Baseball is working diligently with the players union over a new Collective Bargaining Agreement. However, both sides have yet to come to an understanding and it is possible there could be a Major League Baseball lockout.
One thing MLB has suggested is removing the draft pick which is associated with the qualifying offer.
The qualifying offer occurs when a player entering free agency is offered a one-year contract at a set price; in 2016, the qualifying offer was $17.2 Million. The player has until after the World Series to either accept or decline the offer.