With the World Series now officially behind us, it's onto the offseason for the Toronto Blue Jays.

We covered some of the immediate offseason timelines here, including when free agency officially begins, but there is something else to note.

The Nov. 2 qualifying offer deadline. Here's what you need to know and how it impacts the Blue Jays.

The qualifying offer is a one-year contract offer that a team can make to its pending free agents. The Blue Jays have eight players up for free agency, but pitcher Shane Bieber is the only one of those eight that has a chance to receive the qualifying offer.

Well, this year's qualifying offer is set at just over $23 million. That means that if the Blue Jays offer him the deal, and he accepts, then he'll be back in Toronto on a one-year, $23-ish million deal.

None of the other Blue Jays free agents are worth $23 million on the open market.

It's close, but it's not a guarantee. Recently, Bieber was predicted to land a one-year, $20 million deal in free agency, so the numbers are comparable.

Well, there's two reasons:

1) They really value what Bieber brings to the starting rotation and they see $23 million as a good price for those contributions.

2) They want a compensatory draft pick if Bieber signs somewhere else in the offseason. If a player is given a qualifying offer and doesn't take it, the new signing team has to give the Blue Jays a draft pick in 2027.

3) However, they shouldn't offer it if they don't really want Bieber back at that number. Because if he accepts, the Jays are on the hook for the money.

It depends. If he wants to come back to Toronto? Then, it's great. If he thinks $23 million for one year is the best deal that he could get? Then, it's great.

But what if Bieber wants a multi-year deal? Other teams might be hesitant to pay Bieber for a multi-year deal AND give up a draft pick Toronto. In that case, the offer works against him.

If Bieber is OK with a one-year deal, but wants it somewhere else? That's also tough, because the draft pick compensation could be a deal breaker for other teams. In that case, Bieber would be "stuck."

The Blue Jays have until Nov. 2 to make the offer. If they do, Bieber has until Nov. 17 to accept. If they don't make the offer, he simply becomes a full free agent at that time. He could still re-sign with the Blue Jays on another deal, but other teams would still be on the hook for the draft pick compensation if he signs with them.