Restrictions on Trading Players

Generally, an MLB club can trade a player on its MLB Reserve List (40-man roster) and minor league reserve lists at any time. However, there are a few restrictions:

1. A player who signs after being selected in the MLB Rule 4 Draft (First-Year Player Draft) cannot be traded until after the conclusion of the World Series. NOTE: Previously, a player signed after being selected in the MLB Rule 4 Draft could not be traded until the first anniversary of the player signing his first contract.  

2. A minor league player eligible for selection in the Rule 5 Draft cannot be added to an MLB Reserve List (40-man roster), traded to another organization, or transferred from one minor league reserve list to another within the same organization, beginning with the filing of MLB & minor league reserve lists on November 20th (or November 19th if November 20th falls on a Saturday or November 18th if November 20th falls on a Sunday) and extending through the completion of the Rule 5 Draft.

3. A player cannot be traded while he is on waivers.

4. A player on an MLB Reserve List (40-man roster) who has accrued at least ten years of MLB Service Time with at least the last five years of MLB Service Time accrued with the same club (a so-called "10/5" player) has an automatic "no trade" right for as long as he remains with that club. The player can waive this right if he so chooses.

5. An Article XX-B MLB free-agent who signs a Major League contract after 11:59 PM (Eastern) on the 5th day after the final game of the World Series has an automatic "no trade" right through June 15th. The player can waive this right, but if he does he can be traded only for cash and/or player contracts with a maximum aggregate value of $50,000. Note that an Article XX-B MLB free-agent who signs a minor league contract after 11:59 PM (Eastern) on the 5th day after the final game of the World Series does NOT receive an automatic "no trade" right, even if the player is later added to the club's MLB Reserve List (40-man roster).  

POST-2016 ARTICLE XX-B MLB PLAYERS ON CUBS MLB RESERVE LIST: (updated 6-16-2016)
TBD

PLAYERS ON CUBS MLB RESERVE LIST WHO HAVE CONTRACTUAL "NO-TRADE" RIGHTS: (updated 6-16-2016)
Jason Heyward, OF (thru 2018) 
Jon Lester, LHP (thru 2020, or thru 2021 if auto-option vests or if club exercises club option)) 
Ben Zobrist, INF (thru 2018)

6. If a "Player to Be Named Later" (PTBNL) is part of a trade, the PTBNL cannot be on an MLB 25-man roster (MLB Active List) at any time beginning when the trade is executed (filed with the MLB office) up until when the trade is completed. A PTBNL can be a specific player or the PTBNL can be selected from a list of players or a class of players as determined by the clubs when the trade is executed. Beginning in 2015, a player signed after being selected in the MLB Rule 4 Draft (First-Year Player Draft) cannot be a PTBNL in any trade made prior to the conclusion of the World Series. Clubs have six months to agree on a PTBNL, but the clubs can agree (when the trade is executed) on a deadline that is less than six months. A cash payment (typically $50,000 for trades involving players on the 40-man roster) can be substituted for a PTBNL if no agreement can be reached within six months, but the alternative cash payment must be agreeable to both clubs and stated in writing when the trade is executed. 

7. Beginning at 4 PM (Eastern) on July 31st and extending through the conclusion of the MLB regular season, Trade Assignment Waivers must be secured before a player on an MLB 40-man roster (or 60-day DL) can be traded. NOTE: Because July 31st falls on a Sunday in 2016, the "non-waiver" trade deadline will be extended one day (to 4 PM Eastern on August 1st) in 2016 (only). 

8. In most cases a player on a disabled list can be traded, even if the player is not eligible to be reinstated and/or healthy enough to play. The one exception is if Trade Assignment Waivers must be secured before the player can be traded. In that case (only), the player must be eligible to be reinstated from the Disabled List AND healthy enough to play before the player can be placed on waivers. Otherwise the disabled player would have to remain a "Player to Be Named Later" until either the player is eligible to be reinstated from the Disabled List AND healthy enough to play such that Trade Assignment Waivers can be secured, or until the conclusion of the MLB regular season (if Trade Assignment Waivers are not secured).

 

Recent comments

Subscribe to Recent comments
The first 600 characters of the last 16 comments, click "View" to see rest of comment.
  • Very nice. I saw him in Lansing in May. I'm still stunned that he hit a 400-foot foul ball onto Larch Street ... which is going the other way for a right-handed batter. It was perhaps the most amazing swing I've ever seen a minor league player take. I should also mention that it was about 40 degrees out at the time. Not that it's evidence of anything per se, but I feel his plate approach is way more advanced than Soler was at this stage in his development and that the comparisons aren't really fair to Jimenez. 50/50 chance I'll go to Midland tonight for the low-A debut of Oscar de la Cruz.

    John Beasley 25 min 59 sec ago view
  • Eloy Jimenez grand slam tonight. Hoping Soler power returns and gets hot but future looks bright in the outfield regardless.

    Finished the night 4-5, with two doubles - 32(!) on the season - along with the grand slam. Sick

    Eric S 1 hour 47 min ago view
  • Meanwhile, out West:

    SF is 2-11 since the break, lead over LA is down to one game, and they are running out Cain and Peavy this weekend against the Nats. Challenging times by the Bay.

    billybucks 2 hours 34 min ago view
  • Thanks for the updates Phil. Too bad about Frazier.

    Hagsag 6 hours 29 min ago view
  • The Cubs have released RHRP Scott Frazier (2013 7th round dfraft pick - Pepperdine).

    A Cubs pitching coach told me in Spring Training 2014 that he thought Frazier had the best pure stuff in the organization. Absolutely electric fastball & breaking ball combo. Other pitchers would gather behind the screen just to watch him throw "live" BP. That's how amazing he was. 

    Arizona Phil 11 hours 38 min ago view
  • Got a chance to see Diamondbacks RHSP Zack Greinke (15-day DL - strained oblique) throw a rehab start at Sloan Park Friday night. Four of the first seven AZL Cubs hitters singled and the Cubs did score an unearned run in the bottom of the 1st inning, but then Greinke got serious and struck out five in a row.

    ZACK GREINKE: 3.0 IP, 4 H, 1 R (0 ER), 0 BB, 5 K, 4/0 GO/AO, 49 pitches (34 strikes)

    Arizona Phil 11 hours 52 min ago view
  • Have fun - It may be good for Arrieta to be facing a team that doesn't know him as well as the NL teams. A nice shutout would do wonders for his confidence. He is confident in public but baseball is hard and he could use a boost, I'm sure.

    Old and Blue 16 hours 44 min ago view
  • Me too. I'll be at the game tomorrow and would love to see Good Arrieta.

    Brick 17 hours 9 min ago view
  • Last few games have been the April version of the Cubs that disappeared completely the past two months.
    Hope they can sustain it.

    blockhead25 17 hours 35 min ago view
  • Don't sell yourself short, Judge.

    Jackstraw 18 hours 2 min ago view
  • I love this team.

    Looks like Mother Nature is trying to call this fight.

    Rob Richardson 19 hours 31 min ago view
  • Hey! I remember this team!

    billybucks 19 hours 39 min ago view
  • The key for Heyward's offense: get early leads. Heard a stat on Mike & Mike on the way to work that his avg/power much better this year when the Cubs have the lead. And true to form he gets the two run dinger with Cubs winning 3-0 ...

    Eric S 21 hours 5 min ago view
  • I'm sorry - I was probably not looking at the correct line, or spot, or...who knows!

    I could blame it on the weed, but I stopped smoking many years ago.

    Fortunately, I can rely on the rest of you sober and astute folks to bring the correct info forth.

    The E-Man 21 hours 33 min ago view
  • Oh yeah! It just felt like one for some reason.

    Old and Blue 22 hours 39 min ago view
  • Agreed. I was not including Fowler or Heyward.

    I'm just not a fan of 2016 Coghlan.....

    Dusty Baylor 22 hours 45 min ago view