November 10 - End of 15-day exclusive negotiation window between impending free agents and their teams.
December 5 - Thursday, December 8, 2005
December 7 - Last day for teams to offer arbitration to their players.
If no offer is made then the team loses negotiating rights until May 1, 2006.
December 8 - Major League Rule V Draft
December 19 - Last day for players to accept arbitration offer.
If rejected, player can still negotiate with former team until January 8, 2006.
December 20 - Last date for teams to tender contracts to players who are not yet eligible for free agency.