Very interesting. Signing a QO in the past meant losing your top draft pick. That is no longer the case.

For teams who received revenue sharing money and don’t exceed the lux tax, they lose their third highest draft pick

For teams who didn’t receive revenue sharing money and did not exceed the lux tax (Red Sox are here) the signing team forfeits their 2nd highest pick and $500K worth of INTL money.

For teams who exceed the lux tax and are big markets (NYY here), the penalty is the second and fifth highest picks and $1mil of INTL money