Specifics on Draft-pick compensation are still being discussed. That said, qualifying offers -- which will still be calculated based on the average of the top 125 salaries -- can still be extended to free agents, but no more than once per player in his career. A player must still be on his club for the entire season to receive a qualifying offer.
Teams losing a free agent who received a qualifying offer will get a Draft pick only if the player signs a contract worth at least $50 million. After that, the pick depends on a team's market size, according to MLB Network Insider Ken Rosenthal.
Beginning in the 2017-18 offseason, teams will not lose first-round Draft picks for signing a premier free agent. However, teams exceeding the luxury-tax threshold would lose a second-rounder, fifth-rounder and $1 million in international pool money.