The Red Sox today made free agent David Ortiz a one-year qualifying offer. Under baseball's new collective bargaining agreement, that offer is the average of the top 125 salaries in the game, which is $13.3 million.

Ortiz has until Nov. 9 to accept or decline it. Regardless, the Red Sox would receive a compensatory draft pick at the end of the first round if he signs with another team.

It's probably a moot point. Of immediate concern is the looming 12:01 deadline for Ortiz to sign with the Red Sox. If not, he would be free to sign with any team. The sides are continuing to negotiate, hoping to reach agreement on a multi-year deal. As of 5:15 p.m., a source said they were "getting very close" to a deal.