What happened: Eight major league players received the one-year, $23.15 million qualifying offer on Monday. Those extended the tender include Randy Arozarena, Seiya Suzuki, Brandon Lowe, Trevor Rogers, Adrian Morejon, David Bednar, and Jake Bauers.

Why it matters: Accepting the tender binds a player to a one-year salary pegged to the average of the sport's top 125 salaries. If a player declines and signs elsewhere, their former club receives draft-pick compensation while the signing team forfeits draft assets. Those attached penalties often influence the contract length and market value for players who test free agency.

What to watch: Players have until 4 p.m. ET on Nov. 17 to decide whether to accept the one-year tender. Those who reject the offer will formally hit the open market with draft compensation attached.