The pens and reams of paper are out. Decisions are about to be made. The Hot Stove season is now in Major League overdrive.

The end of the World Series on Wednesday night and the beginning of free agency a day later was only the beginning. After a relatively quiet weekend, Monday brings about the next significant phase of roster redefinition as we count down the days until Spring Training and the 2014 season.

Teams have had five days to make one-year, $14.1 million qualifying offers to their free agents, and that time period expires at 5 p.m. ET Monday. Teams then have until midnight ET Monday to sign those players to a contract of any value exclusively, because on Tuesday at 12:01 a.m. ET, the players are free to sign with other teams.

If the players turn down these offers and elect to sign with other teams now or later in the winter, clubs are entitled to Draft-pick compensation. A player has one week to accept the offer -- that deadline is 5 p.m. ET on Nov. 11 -- and be locked in to his current team at one year and $14.1 million, or he can decline and hit the open market.

Some of the biggest names likely to be available on the open market are Robinson Cano of the Yankees, Red Sox outfielder Jacoby Ellsbury, outfielders Shin-Soo Choo of the Reds, Curtis Granderson of the Yankees and Carlos Beltran of the Cardinals, Red Sox first baseman/designated hitter Mike Napoli, Braves catcher Brian McCann, starting pitchers Ubaldo Jimenez of the Indians, Matt Garza of the Rangers and Ervin Santana of the Royals, and relievers Brian Wilson of the Dodgers, Grant Balfour of the A's and Joaquin Benoit of the Tigers.

In addition, there is Masahiro Tanaka, who was 24-0 for the Pacific League's Rakuten Golden Eagles this season, but saw his string of 30 consecutive starts without a defeat -- dating back to last August -- end in Game 6 of the Japan Series on Saturday. He is expected to ask that he be posted, and a bidding war is expected for the right-hander, who just turned 25.

And there will be many more players available.