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If a player is claimed but not traded and the waiver request is subsequently withdrawn, the player cannot be placed on Trade Assignment Waivers or Optional Assignment Waivers for at least 30 days from the date the waiver request is withdrawn, and if the player is placed on Trade Assignment Waivers again before the end of the season, the waivers become irrevocable and cannot be withdrawn.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.

 

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  • bored...looking at stats for the hell of it...

    felix pena (26yo) moving to the pen in AAA is looking like an insanely good fit so far in a smallish sample size

    13ip 4h 3bb 20K

    remembering back to spring training he was regularly hitting mid-90s (though he didn't have a good spring stats-wise). as a starter in the minors he usually worked low-90s.

    this could be an arm worth keeping an eye on even if he's only a 1-inning guy who was "demoted" to the pen to start the year.

  • Phil, historically this front office has been patient with their prep pitchers keeping their IP low and moving them one level at a time. I know I'm getting ahead of myself, and you may not be able to formulate an opinion on this, but you've seen a lot of pitchers over the years, so...

  • nice.

    also, after tonight's loss, STL is 13-14.

    also also, the wsox are 19-8.

  • Win tomorrow, and the Cubs would have a 6-game lead. On May 4.

  • Fully agree on Addy -- hope he is our SS for a long time. I'm just surprised he has 4 errors already -- the last 2 on routine plays.

  • Guess how many Carlos Correa has?

    3

    I would still rather have Russell, right now, than any shortstop the team has had in many years. The future is bright enough to wear shades.

    EDIT: Gonzo WOULD have been my favorite, 'cepting a certain error of a double-play ball...

  • Hi Phil, made it home tonight safely. Looks like Cease is getting better each outing. I see Crow did ok today too. I will be reading your write_ups everyday. Great seeing you while there!

  • tomorrow's game is a 12:35pm EST game for some ungodly stupid reason...then it's back to wrigley field for a night game on the 5th.

  • The best part of tonight's game was 6 different players with RBIs. Truly a lineup that doesn't give up top to bottom.

  • excubs [email protected]_NEWS

    Jake Arrieta first Cub to go 6-0 in first six starts since Three Finger Brown in 1908.

  • Russell now with 4 errors -- that's a big (unpleasant) surprise.

  • Thanks Phil!

  • Throwing error to 2nd on a possible double play ball.

  • 19-6...unf.

  • Can someone tell me what happened on Russell's error?

  • BILLY BUCKS: As things stand right now, Dylan Cease will be in the Eugene starting rotation when the NWL season begins play in June, and if he peforms well there he could perhaps move up to South Bend toward the end of the minor league season or for the MWL playoffs (if South Bend qualifies).