Friday, November 17, is the deadline for teams to tender contracts to players on the 40 man roster who do not currently have a contract for the 2024 season. Any player whose team does not tender them a contract by Friday at 6 p.m. Central time becomes a free agent.
We tend to refer to this as the non-tender deadline for arbitration-eligible players, since 1) it is primarily arbitration-eligible players who teams think are not worth what they will receive in arbitration who end up not being tendered a contract and 2) we refer to the players who become free agents this way as being non-tendered.