Trade Assignment Waivers

The deadline for "non-waiver" (unrestricted) trades is 4 PM (Eastern) on July 31st. No trades can be made between 4 PM and 5 PM (Eastern) on July 31st, and then beginning at 5 PM (Eastern) on July 31st and extending through to the conclusion of the MLB regular season, Trade Assignment Waivers must be secured before players on MLB 40-man rosters can be traded. (Waivers are never required to trade a player on a minor league reserve list). 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). 

If a player is placed on Trade Assignment Waivers and is not claimed, waivers are said to be "secured" and the player can be traded to any MLB club at any time, just like prior to the non-waiver trade deadline.

Trade Assignment Waivers are revocable the first time they are requested on a given player in a waiver period, so if a player is claimed, the player's club has the option to either withdraw the waiver request and retain the player, or allow the waiver claim to stand. The player's club has 48-1/2 hours to make this decision, and during this "window" the club has the right to trade the player to the claiming club (but ONLY to the claiming club). If the player is not traded to the claiming club before the window closes, and the player's club chooses not to withdraw the waiver request, the player is automatically assigned to the claiming club for the $20,000 waiver price ($25,000 for Draft-Excluded and Rule 5 players) and the claiming club assumes 100% of the player's contract. (A player with a "no trade" right can refuse both a waiver claim and a trade assignment, however).

If a player is claimed but not traded and the waiver request is subsequently withdrawn, the player cannot be placed on Trade Assignment Waivers or Optional Assignment Waivers for at least 30 days from the date the waiver request is withdrawn, and if the player is placed on Trade Assignment Waivers again before the end of the season, the waivers become irrevocable and cannot be withdrawn. A player who has a "no trade" right (full or partial) cannot be placed on Trade Assignment Waivers a second time before the end of the season unless the player first waives his "no trade" right.

Trade Assignment Waivers secured on a player on Optional Assignment to the minors or on an MLB Disabled List expire after 72 hours.

If a player on an MLB Disabled List is placed on Trade Assignment Waivers, he must be eligible to be reinstated from the DL and healthy enough to play. If waivers are secured, the player must be reinstated from the DL within 72 hours. If the player is claimed and the waiver request is subsequently withdrawn, the player must be reinstated from the DL immedialtely.

 

Recent comments

Subscribe to Recent comments
The first 600 characters of the last 16 comments, click "View" to see rest of comment.
  • Check out John Arguello at Cubs Den for great analysis & photos from Cubs AZ Instructs

    link

    Arizona Phil 7 hours 24 min ago view
  • soler + hammel for mike trout is pretty much a sure thing. *nods*

    crunch 12 hours 42 min ago view
  • Not an inspired outing by Rondon. Seemingly got ahead of every hitter but had no swing and miss pitch today, slider had no bite.

    Somebody give Soler some smelling salts - yeesh

    Eric S 12 hours 43 min ago view
  • And...now that runner scores on a single...

    The E-Man 12 hours 54 min ago view
  • So where do you think Soler will be traded to this off season?

    jacos 12 hours 55 min ago view
  • And right on cue he throws to third with no chance to get runner on 2nd so the batter takes 2nd easily. How long has he been playing baseball??

    The E-Man 12 hours 56 min ago view
  • Man you cannot put Soler out there late in games for Playoffs. Yuch...

    The E-Man 13 hours 3 min ago view
  • Such is the life of a fatted calf...

    JoePepitone 13 hours 17 min ago view
  • fowler with a triple in the 4th...he's a HR away from a "natural" cycle

    crunch 13 hours 50 min ago view
  • ...and contreras takes one off the hand and he's in obvious pain. sigh.

    he's staying in the game, though he's wringing his hand out during breaks in the action. aside from that he seems to have no issue giving signs or tossing back to the pitcher.

    ...and he's batting in the cubs half of the following inning. sweet.

    crunch 13 hours 54 min ago view
  • his collapse started on august 21st this season...so it's a slight improvement.

    but wow, what a collapse since then...only 2 out of 7 can be considered good/decent.

    crunch 14 hours 5 min ago view
  • I'm really going to enjoy watching Hammel watch the playoffs.

    Jackstraw 14 hours 24 min ago view
  • The always combustible Jason Hammel

    jacos 14 hours 44 min ago view
  • Hammel :(

    Charlie 14 hours 46 min ago view
  • That was fun.

    Charlie 17 hours 45 min ago view
  • "home field advantage through the playoffs?"

    Except for the away games.

    VirginiaPhil 17 hours 58 min ago view