MLB 2026 Offseason Guide: Important Dates, Schedule, & Calendar

This guide provides a comprehensive overview of the MLB 2025-2026 offseason, highlighting key dates and events across Major League Baseball’s winter calendar. It includes details on the Winter Meetings, MLB Draft Lottery, and the important deadlines when teams must decide on arbitration-eligible players and those with team or mutual contract options. In the sections that follow, you’ll find a list of pending free agents, players with contract options, and a detailed timeline of the offseason ahead.

Click any link below to jump to an explanation of that event/date.

2026 MLB Offseason Dates & Calendar

World Series

Game 1 of the 2025 MLB World Series is set for Friday, October 24, with a potential Game 7 scheduled for Saturday, November 1. The offseason officially begins the moment the final out of the World Series is recorded. Players on expiring contracts immediately become free agents, though certain restrictions apply in the first few days that will be detailed later. The day after the World Series ends, teams can resume making trades for the first time since the midseason deadline — marking the official start of the MLB offseason.

5 Days After The Conclusion Of World Series

During this time, the previously mentioned new free agents are only allowed to have contact with their most recent team. However, once these five days are over, they are allowed to have dialogue with all 30 teams in search of a new deal for the upcoming season. During this period, the respective parties must decide on their contractual options (team/mutual/player), and teams must also decide whether to offer a Qualifying Offer to eligible free agents. Both of these terms are explained below.

Player/Team/Mutual Options

Similar to qualifying offers, contract options must be resolved within five days after the conclusion of the World Series. These clauses are built into a player’s deal at the time of signing and can take several forms. A player option allows the individual to decide whether to remain under contract, while a team option gives the organization the choice. A mutual option requires both sides to agree to continue the deal. If either party declines, the player becomes a free agent. Mutual options are rarely exercised since both sides must align perfectly for the contract to continue.

Qualifying Offers

Like contract options, Qualifying Offers must be issued within five days of the World Series’ conclusion. The value of the Qualifying Offer changes annually, as it’s based on the average salary of MLB’s 125 highest-paid players from the previous season. For the upcoming offseason, that figure is projected to be $22 million.

To be eligible, a player must have spent the entire previous season with one club and must never have previously received a Qualifying Offer. Teams have until five days after the World Series ends to extend them, and players then have until mid-November to make their decision. If a player declines a Qualifying Offer and signs elsewhere, their former team receives draft-pick compensation. The specifics of that compensation depend on factors such as the team’s market size, revenue-sharing status, and the value of the player’s new contract.

Free Agency

Free agency officially begins the day after the World Series concludes. However, during the initial five-day period, players can only negotiate with the team they are departing. Once that window closes, full free agency opens, allowing every club to contact and negotiate with any available player. Depending on how long the World Series lasts, league-wide free agency is expected to begin between November 2 and November 6.

General Manager Meetings

Roughly a week after the World Series concludes, all 30 general managers gather for meetings to discuss league business and key offseason matters. While these sessions don’t typically draw much attention from fans, they often help establish the groundwork for trades and other transactions that take place later in the winter.

Rule 5 Protection/Draft

The Rule 5 Draft takes place each winter (with the exception of 2020) and gives teams a chance to uncover unprotected talent from other organizations. Under the Rule 5 rules, players who signed at age 18 or younger must be protected within five seasons, while those who signed at age 19 or older must be protected within four seasons. Teams protect these players by adding them to the 40-man roster, which can be a challenge in years when roster space is limited.

Players who are not added to the 40-man roster by the deadline can be selected by another organization for a $100,000 fee. Any player drafted must remain on the selecting team’s active Major League roster (or the MLB injured list) for the entire season. If the player is designated for assignment and clears waivers, they must be offered back to their original team for $50,000.

The MLB Awards

The MLB Awards return to Las Vegas on November 13, taking place at The Chelsea at The Cosmopolitan of Las Vegas.

Among the honors announced will be the Hank Aaron Awards, Comeback Players of the Year, Mariano Rivera and Trevor Hoffman Relievers of the Year, the Edgar Martínez Outstanding Designated Hitter of the Year, and the All-MLB First and Second Team selections. Around the same time, the BBWAA Awards, including Rookie of the Year, Manager of the Year, Cy Young, and Most Valuable Player, will also be revealed.

Non-Tender Deadline & Arbitration

Players with between three and six years of MLB service time automatically qualify for salary arbitration. There’s also the Super Two designation, which allows a select group of players with just under three years of service to become eligible as well. Arbitration gives players still under team control a chance to argue for compensation they feel reflects their on-field performance. If a team believes a player’s projected arbitration salary exceeds their value, they can non-tender the player instead of offering a contract. Although arbitration eligibility depends on service time, any player with fewer than six years in the majors can technically be non-tendered. Doing so immediately makes them a free agent, while also freeing up a spot on the 40-man roster. Teams have until the non-tender deadline (typically in late November) to decide whether to offer contracts to arbitration-eligible players. Once tendered, the two sides can continue negotiating a salary until mid-January. If no agreement is reached, the case proceeds to an arbitration hearing, where both sides submit salary figures, and a neutral arbitrator selects one. Hearings usually take place between late January and mid-February, with pitchers often going first due to their earlier Spring Training report dates.

The arbitrator’s ruling is final, and the player is paid that amount for the upcoming season. While the process ensures fairness, it can sometimes strain relationships between players and teams

Competitive Balance Draft Picks

Each offseason, Major League Baseball announces the Competitive Balance Draft picks, which are designed to help smaller-market and lower-revenue teams maintain competitive balance across the league. These picks were first introduced in 2012 and are awarded annually based on a formula that considers a club’s market size, revenue, and winning percentage. Eligible teams are assigned to one of two rounds: Round A, which takes place between the first and second rounds of the MLB Draft, and Round B, which falls after the second round but before the third. In addition to the extra pick, teams receiving a Competitive Balance selection also get a slightly larger international bonus pool to use during the international signing period.

Unlike other draft selections, Competitive Balance picks can be traded once, though they cannot be exchanged solely for cash considerations. The announcement of Competitive Balance selections for the 2026 draft is expected later this offseason, typically in early December.

Winter Meetings

Each December, high-ranking executives from all 30 organizations, along with agents, players, and media members, gather for the MLB Winter Meetings, a four-day event that serves as the centerpiece of the offseason. This year’s meetings will take place in Orlando, Florida, from December 7 to 10. The Winter Meetings are where the bulk of offseason business takes shape. Trades, free agent signings, and major rumors often dominate the headlines during this stretch. Juan Soto, who was the central story of the 2023 Winter Meetings when he was traded to the Yankees, once again stole the spotlight this year after signing a 15-year, $765 million contract with the New York Mets. He was joined in the headlines by Max Fried, who signed with the New York Yankees, and Garrett Crochet, who was traded to the Boston Red Sox in one of the biggest deals of the week.

If there is one point on the calendar when the most MLB transactions are likely to occur, this is it. In addition to roster moves, both the MLB Draft Lottery and the Rule 5 Draft take place during the Winter Meetings, adding even more intrigue to one of baseball’s busiest weeks of the year.

MLB Draft Lottery

In 2023, Major League Baseball introduced a draft lottery system designed to discourage teams from intentionally losing games to secure higher draft positions. Under this system, all clubs that miss the postseason are assigned odds to land one of the top six picks in the following year’s draft. The teams with the worst regular-season records still have the best odds, but the process now includes an element of chance rather than relying solely on reverse standings.

BBWAA HOF Announcement

Every January, the Baseball Writers’ Association of America (BBWAA) announces its voting results for the newest class of the Baseball Hall of Fame. Players become eligible five years after retirement and can remain on the ballot for up to ten years, provided they continue to receive at least five percent of the vote each cycle. Earning election requires appearing on 75 percent of submitted ballots. If a player falls below the five-percent threshold, they are removed from future ballots and can only be reconsidered later by one of the Hall’s era-based committees. This year’s ballot lacks top-end HOF candidates but still showcases several notable names, including Cole Hamels and Ryan Braun, who are making their first appearance, and Manny Ramírez, who is entering his final year of eligibility.

2026 International Signing Period Opens

The international signing period reopens on January 15, marking one of the most important avenues for MLB organizations to acquire young talent from around the world. Most of these signings come from Latin America, though teams also scout and sign players from Asia and other regions. During this window, clubs can reach agreements with foreign players who are 16 years or older. The range of signing bonuses varies widely. For instance, Ronald Acuña Jr. signed with the Braves for just $100,000 in 2014 and developed into one of the best players in baseball, while highly touted prospects such as Kevin Maitan, who signed for $4.25 million that same year, never panned out. These examples show how unpredictable this market can be.

Each team operates under a hard spending cap; bonuses of $10,000 or less do not count against that total. Many of these deals are informally agreed upon well in advance, as teams scout and build relationships with players years before they are eligible to sign. While some of these teenage prospects eventually rise through the minors and reach the big leagues within five or six years, many do not. Development paths differ drastically, as players mature physically, adapt to professional baseball, and adjust to entirely new environments. The international signing period officially runs through December 15, after which preparations begin for the next year’s class.

Spring Training 2026!

All team’s pitchers and catchers will report to Arizona or Florida in mid-February, with position players arriving a few days later to begin full-squad workouts. Spring Training games will begin shortly after and continue for about a month as the team prepares for the regular season. Dates for the first Grapefruit/Cactus League game and MLB’s Spring Breakout have not yet been announced, but both are expected to take place in the usual February/March timeframes. Spring Breakout will once again showcase each club’s top prospects in special exhibition matchups against other organizations’ best young talent.

The 2026 MLB regular season will officially begin on March 25, when the New York Yankees face the San Francisco Giants on Opening Night. Unlike the past few seasons, there will be no international series to open the year, with all games beginning in North America. Every other team will open their seasons the following day after as baseball returns in full force.

Thank you for reading, and I hope this guide helped make sense of the many dates and details that come with the MLB offseason. It can be a lot to keep track of! I’ll continue to provide updates as more specific information becomes available. Enjoy the offseason, and here’s to a great 2026 season ahead!