Trade Assignment Waivers
The deadline for "non-waiver" (unrestricted) trades is 4 PM (Eastern) on July 31st. No trades can be made between 4:00 and 5:00 (Eastern), 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 players on minor league reserve lists).
Waivers must be secured before certain types of transactions can be completed.
There are two types of waivers (release waivers and assignment waivers), and while there is only one type of release waiver (Outright Release), there are three different types of assignment waivers (Trade Assignment, Optional Assignment, and Outright Assignment). Each type of waivers has a special set of rules that apply.
The MLB waiver list is transmitted at 2 PM (Eastern) every business day. Every day is an MLB business day during Spring Training and the MLB Regular Season, but because Saturday and Sunday are not considered MLB business days during the off-season, the MLB waiver list is transmitted at 2 PM (Eastern) Monday through Friday (only) during the off-season.
If a club requests a waiver prior to the 2 PM (Eastern) deadline, the waiver request is transmitted that day. If the waiver is requested after 2 PM, the waiver request will not be transmitted until the next business day. A player remains on waivers for 47 hours, during which time any of the other 29 MLB clubs can make a claim.
At 1 PM on the second business day after the waivers are requested the MLB office determines if any claims were made, and if so, which club is awarded the claim.
A club can place no more than seven players on waivers per day, and a club can make a maximum of 50 waiver claims per week.
A player on a Disabled List cannot be placed on assignment waivers until he is both eligible to be reinstated from the DL and healthy enough to play.
Neither assignment waivers nor release waivers can be requested on a player while he is on the Bereavement List, Military List, Suspended List, Disqualified List, or Ineligible List. However, Outright Release Waivers (but NOT assignment waivers) may be requested on a player while he is on the Voluntary Retired List.
The procedure for awarding waiver claims is different depending on the type of waivers and the time of the year.
For Optional Assignment Waivers, Outright Assignment Waivers, and Outright Release Waivers, if a player is claimed by only one club, that club is awarded the claim. If more than one club makes a claim, the club with the lowest winning percentage (regardless of league) on the day the player clears waivers is awarded the claim. If two clubs with the same winning percentage make a claim, the club in the player's own league is awarded the claim. If two clubs from the same league make a claim and they are tied in the standings, the club with the lowest winning percentage from the previous season is awarded the claim. If the clubs are still tied, standings from two years back (or three years back, four years back, etc) are used to break the tie.
However, in the case of Trade Assignment Waivers (only), if a player is claimed by more than one club, the club in the player's own league with the lowest winning percentage is awarded the claim, even if that club has a higher winning percentage than the club or clubs making a claim from the other league. So a player placed on Trade Waivers must first be "waived out of his own league" before he can be assigned to a club in the other league.
For the purpose of determining the awarding of Trade Assignment waiver claims, the standings as of the close of each day's Waiver Claiming Period are used to determine the awarding of waiver claims, with the previous season's standings used to break any ties. If clubs are still tied, standings from two seasons back, or three seaons back, etc, are used to break any ties.
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 particular player, 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 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 a trade cannot be worked-out with the claiming club before the window closes, and the 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 "no trade" rights can refuse both a waiver claim and a trade assignment, however).
If a player is claimed after being placed on Trade Assignment Waivers, but then the player is not traded and the waiver request is subsequently withdrawn, the player cannot be placed on Trade Waivers again for at least 30 days from the date the waivers are withdrawn, and if the player is placed on Trade Waivers again before the end of the season, the waivers become irrevocable and cannot be withdrawn. A player who has "no trade" rights (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" rights.
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 or minor league Disabled List is placed on Trade Assignment Waivers, he must be either traded or reinstated from the DL within 72 hours after the conclusion of the Waiver Claiming Period and/or after waivers have been secured. If a player on an MLB or minor league Disabled List is claimed after being placed on Trade Assignment Waivers but then the waiver request is subsequently withdrawn, the player must reinstated from the DL immediately when the waiver request is withdrawn.
bradsbeard 3 hours 50 min ago (view)
Great info. Thanks!
Arizona Phil 3 hours 50 min ago (view)
BRADSBEARD: What happens on 12/2 is each club submits what's called a "Central Tender Letter" to the MLB LRD listing which unsigned players on the club's MLB Reserve List (40-man roster) are being tendered a contract and which unsigned players are not being tendered a contract.
The CTL is sufficient as far as providing proof of contract tender.
For players being tendered contracts, the CTL must list the club's MLB salary offer, a minor league split salary offer (if the club so chooses), and performance bonuses (if any) the club is offering to the player.
crunch 12 hours 26 min ago (view)
theo walked away from a big payday for an executive in his last season as a cub without having another job scoped out...and according to him he's not even looking one.
something tells me this isn't going to be a fun off-season for cubs fans.
the state of the cubs household aside, i wouldn't exactly be shocked to see theo with the mets, though he's supposedly not on their radar at the moment.
Dolorous Jon Lester 12 hours 50 min ago (view)
The Cubs have been at the forefront of tone-deaf owners in terms of financial hardship during the pandemic. "The game isn't as profitable as most people think"
tim815 1 day 9 hours ago (view)
The decision on the amount comes later.
bradsbeard 1 day 12 hours ago (view)
At the point when the team makes the initial contract tender, do they have to offer a specific salary, and if so is that the same number the team takes into arbitration? Or does the specific number the teams files at for arbitration happen at a later date?
Arizona Phil 1 day 15 hours ago (view)
jdrnym: A player who is signed to a contract that does not include a minor league split salary is paid his full MLB salary while optioned or after being outrighted to a minor league club.
So if a player goes to arbitration and is awarded (let's say) a $2.5M salary by the arb panel, the contract will not include a minor league split salary or performance bonuses, and if the player is sent to the minors he is paid the full $2.5M while in the minors.
Hagsag 1 day 16 hours ago (view)
Maybe Trump can give them a loan.
crunch 1 day 16 hours ago (view)
it's not exactly looking good when the cubs brass is complaining about "losing 100m in revenue" when a huge chunk of that seems to include Hotel Zachary. it looks like the entire "entertainment complex" is the cubs as far as the Ricketts are concerned...and the team might have to suffer a bit because they couldn't fully realize profits last year. they've publically stated that the big incoming tax credits from the city they're going to realize for stadium work won't help the cubs payroll.
jdrnym 2 days 2 hours ago (view)
If a player doesn't have a split salary in his contract, how much is he making when in the minors (or how is that salary determined)?
crunch 2 days 8 hours ago (view)
we want kyle schwarber to not be mark trumbo so badly...
either way, the NL having or not having the DH needs to be figured out pretty quickly for a lot of off-season sanity.
crunch 3 days 11 hours ago (view)
minor league hitting coordinator chris valaika moves up assistant hitting instructor for the big league team.
looks like a.iapoce's job is safe.
Cubster 3 days 15 hours ago (view)
Jed Hoyer gets a new 5 yr contract that runs through 2025 season.
Cubster 3 days 16 hours ago (view)
BA's list of 19 prospects who impressed at Instructs. One Cub:
Chase Strumpf, 2B, Cubs
Jackstraw 4 days 11 hours ago (view)
Waiting for Ryan Pace to be available. He should be a week from tomorrow.
crunch 4 days 11 hours ago (view)
i haven't even heard a rumor...which is interesting since "virtual" winter meetings start in a couple weeks.
surprised dan kantrovitz hasn't been named "interim GM" or something...which makes me wonder how wide of a net they're casting to fill the position. he was snagged from the A's and was an assistant GM there (and director of scouting for STL).