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Marquee players get qualifying offers as baseball’s free agency period begins

Kansas City first baseman Eric Hosmer, third baseman Mike Moustakas and outfielder Lorenzo Cain were among nine free agents who received $17.4 million qualifying offers from their teams Monday.

Cubs pitchers Jake Arrieta and Wade Davis also received the offers, as did Tampa Bay pitcher Alex Cobb, Colorado closer Greg Holland, St. Louis pitcher Lance Lynn and Cleveland first baseman Carlos Santana.

Players have until Nov. 16 to accept. If they sign with new teams, their old clubs would get an extra draft pick as compensation — possibly a much lower selection than in the past under the rules in baseball’s new labor contract.