After the midnight ET deadline passed and the dust settled, many clubs chose to let certain players go into free agency, while others signed players to tendered contracts.
Much of the time, clubs will choose to go to arbitration with such players and attempt to work out a deal before a hearing.
Players that weren't offered tendered contracts are now able to sign with any team that they so choose. However, players that were non-tendered by Monday's deadline could still wear the same uniforms next year, because many still sign a cheaper contract with their former club as a free agent.
Here are how some of the more high-profile candidates fared:
Skip Schumaker, 2B, and Ryan Theriot, SS, Cardinals: Projected to be the cheaper middle infield option and with with more versatility, Schumaker signed a two-year contract with St. Louis. Theriot, who started 87 games at shortstop for the Cardinals last year but became expendable when the team agreed to terms with Rafael Furcal this past weekend, was projected to make $3.9 million according to MLBTradeRumors.com. He was cut loose by St. Louis.
Joe Saunders, LHP, D-backs: After the trade for right-hander Trevor Cahill, which added to a strong core of Ian Kennedy, Daniel Hudson and Josh Collmenter, Arizona didn't tender the veteran Saunders. Now with an opening in the rotation, the D-backs can plug young arms like Tyler Skaggs or Trevor Bauer into the fifth spot.
Jeff Keppinger, 2B, and Mike Fontenot, IF, Giants: With San Francisco GM Brian Sabean saying he'd only be able to tender a contract to one of the middle infielders, the Giants decided to go with Fontenot. The infielder is projected to make about half of what Keppinger would have earned in arbitration and has shown better range and overall defensive versatility.
Tom Gorzelanny, LHP, Nationals: While Gorzelanny may not fit into Washington's starting rotation next season, he was tendered a contract. The lefty is expected to be a long man out of the bullpen after getting off to a slow start as a starter last season. He went 2-0 with a 2.42 ERA as a reliever in 2011.
Chris Volstad, RHP, Marlins: The 25-year-old righty will likely enter the spring as a candidate for the final spot in Miami's rotation after being tendered. Projected to make $2.6 million next year, according to MLBTradeRumors.com, Volstad, 25, enters his first year of arbitration after going 5-13 with a 4.89 ERA.
The following notable players were also either tendered or signed to contracts: RP Matt Albers, Red Sox; 1B Daric Barton, A's; C Jesus Flores, Nationals; OF Tony Gwynn, Dodgers; RP J.P. Howell, Rays; SS Paul Janish, Reds; C George Kottaras, Brewers; 1B James Loney, Dodgers; C Brayan Pena, Royals; C Landon Powell, A's.
Notable players who weren't tendered a contract include: C Koyie Hill, Cubs; RP Hong-Chih Kuo, Dodgers; RP Jose Mijares, Twins; SP Micah Owings, D-backs; C Ronny Paulino, Mets; SP Jo-Jo Reyes, Orioles; 1B Luke Scott, Orioles; RP Andy Sonnanstine, Rays; OF Ryan Spilborghs, Rockies; C Eli Whiteside, Giants.
Quinn Roberts is a contributor to MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.