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Rays make qualifying offer to Upton



UPDATE, 6:42: Upton's agent, Larry Reynolds, said they know there is interest in Upton and they would use the next week to get a sense of what the possibilities were before deciding on the offer.

"You can't assume anything; the goal when you get to free agency is to see what the market tells you,'' Reynolds said. "We would hope there's something strong, we have to wait and see what happens in the next week.''

The Phillies, Nationals and Rangers have been speculated as the most interested.

BREAKING: As expected, the Rays made a qualifying offer to free-agent CF B.J. Upton.

Under new MLB rules, teams must make a one-year offer at a set price - which is $13.3-million - in order to get draft pick compensation if they leave as free agents.

Upton now has one week to decide whether to accept the offer, and stay with the Rays for another season, or decline and pursue the big-money deal he is eyeing, 4-6 years at $14-16-million a year.

If he does decline, the Rays would get a compensatory pick between the first and second rounds of the 2013 draft, and the team that signs Upton would lose its first-round draft pick (unless they pick in the top 10 then they lose their next pick).



[Last modified: Friday, November 2, 2012 6:54pm]


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