A qualifying offer is a one-year, $14.1 M deal, and if the player rejects it and signs elsewhere, the former team would get a compensation pick. Burnett has been deciding between retiring and returning to the Pirates, so it doesn't seem likely that he will sign elsewhere. If Heyman's report is true (the team has until 5 PM EST to submit an offer), then the Pirates must be banking on the fact that they're the only team in the running for Burnett.
UPDATE: The Pirates, via press release, confirm that no qualifying offer w...
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