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If a player is claimed but not traded and the waiver request is subsequently withdrawn, the player cannot be placed on Trade Assignment Waivers or Optional Assignment Waivers for at least 30 days from the date the waiver request is withdrawn, and if the player is placed on Trade Assignment Waivers again before the end of the season, the waivers become irrevocable and cannot be withdrawn.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

    Ryno 46 min 11 sec ago view
  • *clap* *clap* *clap*

    Brick 2 hours 47 min ago view
  • Thanks AZ. If you like him, I like him.

    Old and Blue 3 hours 41 min ago view
  • Awesome report, and good to see Beeler on his way back.

    I'm also very happy to hear about the bi-level bump for Daniel Lewis. In the Name of Theo, he was the Last of the Full-Season Cuts, and There Will Be Blood for those who unnecessarily slow his development. Sure, he might end up in independent ball pitching for Lincoln. But if everything breaks right, he may even have a shot at joining up with the Gangs of Chicago. I wouldn't bet My Left Foot on it, though.

    John Beasley 4 hours 8 min ago view
  • CHARLIE: The Cubs did the same thing with LHSP Eric Jokisch last month, and it has nothing to do with needing the player's 40-man roster slot. 

    The hope is that another MLB club will claim the player, so that you aren't on the hook for any termination pay (which you would be if you release him) AND you pick up $20,000 from the claiming team, all for a guy you don't want going forward anyway.  

    Arizona Phil 4 hours 11 min ago view
  • Moosetacos, I like it. All I can think of is a bearded lumberjack dude operating a Mexican style taco truck with a Canadian accent.

    Sonicwind75 4 hours 46 min ago view
  • How strange is this for May? Is it insignificant, or does it suggest some sort of trade might be in the works?

    Charlie 4 hours 52 min ago view
  • The Cubs have sent LHRP C. J. Riefenhauser outright to Iowa. 

    Cubs MLB 40-man roster now stands at 37 (three slots open). 

    Arizona Phil 5 hours 35 min ago view
  • yow...the a.gordon/m.moustakas collision now makes the schwarb collision look minor in scope.

    gordon broke his wrist, expected to miss 4+ weeks...and today moosetacos has been diagnosed with a torn ACL. fun times in KC.

    crunch 7 hours 8 min ago view
  • dodgers calling up julio urias for tommorow's game. neat.

    fernando-mania might have a new heir...dude is 19 (turns 20 in august) and he's got a legit argument for being MLB-ready.

    crunch 7 hours 59 min ago view
  • jacos 9 hours 19 min ago view
  • Happ was the #9 pick last year, and he moved from OF to 2B in the same offseason that Castro was traded.

    Gleyber also in the picture at second.

    VirginiaPhil 12 hours 48 min ago view
  • jacos 13 hours 7 min ago view
  • Co-sign

    Ryno 13 hours 8 min ago view
  • Transmission 13 hours 17 min ago view
  • O&B: I think D. J. Wilson is a legit MLB prospect.

    He is a hyperactive dynamo on the field, a protypical lead-off hitter who is looking to get on base any way he can, a triple machine (if there is such a thing) when he does make solid contact, a daring baserunner who goes berserk once he is on base, and a CF who plays a "no fear" crash & burn style of defense.

    Guys like that sometimes get injured more-often than the average player, but if he can stay healthy and continue to progress, I believe he will be an MLB CF, or at worst a 4th OF. 

    Arizona Phil 13 hours 29 min ago view