I sent offers to some players on my team for the next season and they were rejected and I dont see the option to offer contracts again. Does this mean they will not resign now and will go into Free Agency?

Are you sure they rejected them? If they rejected them you should be able to make another offer until the end of the season.

My bad, I was looking at league transactions and looked at player. The player was almost exactly the same skill as my player and position so I thought he had declined. Whew didnt want to lose him..lol