Here are key offseason dates to remember for the Philadelphia Phillies and the larger baseball world this winter.
5 p.m. ET, Five Days After World Series Ends
Teams can begin to sign free agents from other teams, although baseball isn’t like NFL and NBA where there’s a frenzy when the signing period opens. Baseball’s free agency is much more of a slow burn.
This is also the deadline to extend qualifying offers to potential free agents. This year’s qualifying offer will be worth $21.05 million. Players can either accept the qualifying offer and make that salary for 2025 with their current club, or decline it and then their team gets draft compensation if they depart in free agency.