NEW YORK -- - The price of a qualifying offer to Major League Baseball free agents rose to $19.65 million, an increase of $1.25 million.

The figure is determined by the average of the top 125 major league contracts this year. The price dropped by $100,000 to $17.8 million in 2019, then rose to $18.9 million in 2020 and fell $500,000 last year.

Among the top players who can become free agents after the World Series and are eligible to receive qualifying offers are New York Yankees outfielder Aaron Judge, New York Mets pitchers Jacob deGrom, Edwin Diaz and Chris Bassitt and outfielder Brandon Nimmo, Boston Red Sox shortstop Xander Bogaerts, Atlanta Braves shortstop Dansby Swanson, Los Angeles Dodgers shortstop Trea Turner, Chicago Cubs catcher Willson Contreras and San Francisco Giants pitcher Carlos Rodon.

Players eligible for free agency but not for qualifying offers include Chicago White Sox first baseman Jose Abreu, Minnesota Twins shortstop Carlos Correa and Philadelphia Phillies pitcher Noah Syndergaard.

A free agent can be made a qualifying offer only if he has been with the same team continuously since Opening Day and has never received a qualifying offer before.

A qualifying offer can be made through the fifth day after the World Series, and a player has a week after that to accept.

If a team makes a qualifying offer to a player who signs a major league contract with another club before the amateur draft, his former club will receive a draft pick as compensation at the end of the first round or at the end of competitive balance round B. The placement depends on the amount of the new contract and the revenue-sharing and luxury tax status of the team losing the player.

Qualifying offers began after the 2012 season, and only eight of 110 offers have been accepted. Among the 14 players given offers last year, only San Francisco first baseman Brandon Belt said yes.

Major League Baseball offered last winter to drop qualifying offers and direct draft-pick compensation, and the March lockout settlement tied the proposal to the players association agreeing to an international amateur draft. The union rejected the draft in July.

The qualifying offer price started at $13.3 million in 2012 and rose to $14.1 million in 2013, $15.3 million in 2014, $15.8 million in 2015, $17.2 million in 2016 and $17.4 million in 2017.