One of the most thrilling World Series ever concluded late Saturday night, which means two things:

The Los Angeles Dodgers are the reigning champions for the second year in a row, and the offseason has finally begun.

The Herald’s 2025-26 offseason tracker will be updated throughout the coming months with every tidbit of Red Sox news.

Key MLB offseason dates

First day after the World Series: Eligible players become free agents

Fifth day after the World Series: Deadlines for club and player option decisions, reinstatement of players from 60-day injured list, and for teams to tender qualifying offers.

Nov. 10-13: General Managers Meetings (Las Vegas)

Nov. 18-20: Owners’ meetings (New York)

Nov. 18: Deadline for players to accept qualifying offers (4 p.m. ET); deadline for teams to finalize 40-man rosters ahead of Rule 5 Draft (6 p.m. ET)

Nov. 21: Tender deadline for all unsigned players, including those arbitration-eligible. (6 p.m. ET)

Dec. 8-11: MLB Winter Meetings (Orlando)

Dec. 9: MLB Draft lottery

Dec. 10: MLB Rule 5 Draft

Dec. 15: ’25 International signing period ends

Jan. 8, 2026: Arbitration-eligible players and their teams exchange figures

Jan. 15: ’26 international signing period begins

Red Sox 2025 free agents

3B Alex Bregman (Opted out)

RHP Lucas Giolito (Declined mutual option)

LHP Steven Matz

RHP Dustin May

OF Rob Refsnyder

LHP Justin Wilson

Red Sox arbitration-eligible players and projected salaries

LHP Brennan Bernardino: $1.1 million

1B Triston Casas: $1.7 million

RHP Kutter Crawford: $2.75 million

OF Jarren Duran: $8.4 million (Has ’26 team option for $8 million with $100K buyout)

IF Romy Gonzalez: $1.8 million

RHP Tanner Houck: $3.95 million

1B Nathaniel Lowe: $13.5 million

RHP Josh Winckowski: $800K

C Connor Wong: $1.6 million

*Projections via MLB Trade Rumors

Red Sox Qualifying Offers

This year’s Qualifying Offer is a record $22.05 million.

Teams may extend the QO to any impending free agent who spent the entire season on their roster and has never received one before.

Players who accept are signed for the following season. Those who decline remain free agents, and any team that signs them must give their former club draft pick compensation.

Giolito is Boston’s only QO-eligible player this year.

Red Sox transactions and news

Nov. 3: Alex Bregman opts out of remaining two years on his three-year Red Sox contract; Lucas Giolito declines mutual option.