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Waiver Trade Rules

The non-waiver trade deadline has passed, but that doesn't mean trading is done.  I found a helpful old Steve Phillips article explaining the whole August waiver trade thing.  If you don't feel like checking that out, here's a summary:

Any player can be put on waivers by his team, and the player does not need to be informed.

Other teams have the chance to make a claim on the player during a 47 hour window.

If the player is claimed, the team that placed him on waivers has the option of pulling him back.  If the team pulls him back they can't trade him for 30 days.

If his team decides not to pull him back:

Option 1:  His team can work out a trade with the team that claimed him.  Any player involved in the trade who is on a 40 man roster must go through waivers first.

Option 2:  His team can just dump him and his salary on the team that claimed him, getting no player in return.

Option 3:  No one claims him, and his team is free to trade him to any team.

If more than one team places a claim on a player, the winning claim is awarded based on worst record or the league the claiming team is in.   

Makes sense?  I'm sure I'll be writing a lot this month about waiver trade possibilities.



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Comments

" I found a helpful old Steve Phillips article"

Sounds like it should be followed by a Ripley's Believe it or Not promo.

I've never seen "Steve Phillips" and "helpful" in the same sentence before.

And I'm not even a Mets fan.

I seem to remember about 10 years ago or so waivers were only required for interleague trades. When did that change?

Can money change hands in waiver deals? For example, sat the White Sox wanted to trade Contreras. Nobodt is going to pick up his full salary, but could the Sox send 5-10 mil with him for some prospects?

Also, is it only players on the 25 man roster that have to clear waivers? Or 40 man?

What are the chances Johan Santana will be put on Waivers? The Braves still need a pitcher.

If more than one team puts in a claim, the same-league team gets first dibs.

Generally everyone on a team is put through the waiver, since there is really no harm in that.

"Generally everyone on a team is put through the waiver, since there is really no harm in that."

Yep, great way to find out who is interested in your players ~ never know when someone like KC will make a claim for a player you really thought you could get nothing for, and a deal might be worked out either now or maybe in the offseason...


Also minor note to the whole thing, if a player does pass through wavers he is then able to be sent to the minor leagues without his consent, correct?

The only way to get a guy with 3+ years experience (even if he has options left) down to the minors is for him to clear waivers; well that would be clearing waivers so all of a sudden he should be fair game to be sent packing to AAA ~ right? (Can we say Contreras, Jennings & Pena maybe for some hopefully helpful refreshers in the art of playing baseball?)

It's also fun to see teams try to "block" other teams ahead of them in the standings. I remember when the Padres put in a waiver claim for Randy Myers, hoping to keep him from the Braves and got stuck with his huge (at the time) contract. 6 Million a year for two years that he didn't throw a pitch for the Padres.

"It's also fun to see teams try to "block" other teams ahead of them in the standings"

Didnt the Yankees also do this a few times in the 90s? Canseco instantly comes to mind...

Isn't the waiver order determined by the overall team reoords from last season?

I wonder if the Pirates will place Morris on waivers to see if they can get more for him than they gave. Could be a brilliant move as he'd definitely be one of the best available pitcher on waivers that would have any chance of being traded.

Pena can't be sent down to the minors, but if other waived players have not been picked up after being on the waiver wire for a 48-hour period, they can be sent to the minors.

i still hold out hope that wily mo pena hits the waiver wire, and the royals make a claim and ship Emil Brown (he should pass waivers as a backup making 3.5 million) to the red sox for him..brown could contribute as a 4th OF..he has a lot of RBI's this season, and let the Royals the last 2 years...pretty speedy guy on the bases too and a backup for manny? fenway was MADE for him.

I doubt Dunn could make it to the Cubs. Someone out of the Dodgers, Rockies, Padres, Braves, Phillies, or Mariners is very likely to have a worse record than the Cubs at any time.

The Twins or Blue Jays could also claim him. Even the Cardinals, for that matter, or the Nationals.

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