Post by Mets/WhiteSoxGM on Sept 23, 2006 16:41:54 GMT -4
WAIVER RULES
A player remains on waivers for 72 hours. At that time, if there has been a claim put in for the player, he belongs to the team with the highest waiver order that claimed him. The team that claimed the player will drop to the bottom of the waiver order list immediately.
If no claim has been made he goes into the free agent pool.
A waived major leaguer's salary will continue to be paid until the contract has reached its conclusion (all years) unless the player has been claimed or bid on and signed by another team.
A waived major leaguer's years will count against the 90 year CAP until the end of the season (in which he was waived). The years will not count in subsequent years.
If a major leaguer is waived in the offseason (for example November 2006), his years will count until the end of the next season (2007) unless the player has been claimed or bid on and signed by another team.
The last opportunity to waive a major leaguer and eliminate years in subsequent seasons is October 31.
A waived minor leaguer would have no money or years impact in subsequent seasons. If said minor leaguer had been promoted to the team's majors roster, establishing a minimum salary, that salary would remain for that season only unless the player has been claimed or bid on and signed by another team.
A minor leaguer who has reached the requirements to become a major leaguer the following season (150 AB or 50 IP), may be waived as late as the beginning of off-season free agency with no salary or years impact
WHEN YOU CAN WAIVE
A player may be waived at any time except the time from the beginning of the playoffs until free agency begins.
Exception 1: If Player A is waived just before the playoffs, his waiver period continues to it's natural end. If Player A is claimed, the new owner may waive Player B, only if it is necessary to comply with roster limits. Player B may not be claimed during the playoffs. Player B's waiver period would start when bidding for free agents resume.
Exception 2: If a player is coming off the injured list during the playoffs, the owner may waive a player, if it is necessary to comply with roster limits. As above, he may not be claimed during the playoffs. His waiver period would start when bidding for free agents resume.
RECLAIMING A WAIVED PLAYER
After an owner has waived a player and he clears waivers, the owner is not allowed to reclaim the player at a lower price for the duration of the original contract.
For the duration of the original contract, the owner may not reacquire a previously waived player through trade either, if the player's salary is lower than it was when he was waived.
Example: I waive Barry Bonds @ $18 million / 2 years and no one claims him. I cannot bid on him in free agency at all. Even if bidding reaches $20 million, I cannot bid. If someone else signs him at $15 million, I cannot receive him in a trade until the 2 years have concluded. However, if someone else signs him for $20 million (more than the pre-waived salary), I am allowed to trade for him even though the 2 years have not concluded.
A team that waives a player can reclaim him as long as the player has not been claimed by another team or bid on by another team. The player's contract is unchanged.
WAIVER ORDER
The inital waiver order will be set before the first season and is continuous from season to season. It is not affected by the league standings. The order is only changed when a successful claim is made. A successful claim moves the claiming team to the bottom of the order.
A player remains on waivers for 72 hours. At that time, if there has been a claim put in for the player, he belongs to the team with the highest waiver order that claimed him. The team that claimed the player will drop to the bottom of the waiver order list immediately.
If no claim has been made he goes into the free agent pool.
A waived major leaguer's salary will continue to be paid until the contract has reached its conclusion (all years) unless the player has been claimed or bid on and signed by another team.
A waived major leaguer's years will count against the 90 year CAP until the end of the season (in which he was waived). The years will not count in subsequent years.
If a major leaguer is waived in the offseason (for example November 2006), his years will count until the end of the next season (2007) unless the player has been claimed or bid on and signed by another team.
The last opportunity to waive a major leaguer and eliminate years in subsequent seasons is October 31.
A waived minor leaguer would have no money or years impact in subsequent seasons. If said minor leaguer had been promoted to the team's majors roster, establishing a minimum salary, that salary would remain for that season only unless the player has been claimed or bid on and signed by another team.
A minor leaguer who has reached the requirements to become a major leaguer the following season (150 AB or 50 IP), may be waived as late as the beginning of off-season free agency with no salary or years impact
WHEN YOU CAN WAIVE
A player may be waived at any time except the time from the beginning of the playoffs until free agency begins.
Exception 1: If Player A is waived just before the playoffs, his waiver period continues to it's natural end. If Player A is claimed, the new owner may waive Player B, only if it is necessary to comply with roster limits. Player B may not be claimed during the playoffs. Player B's waiver period would start when bidding for free agents resume.
Exception 2: If a player is coming off the injured list during the playoffs, the owner may waive a player, if it is necessary to comply with roster limits. As above, he may not be claimed during the playoffs. His waiver period would start when bidding for free agents resume.
RECLAIMING A WAIVED PLAYER
After an owner has waived a player and he clears waivers, the owner is not allowed to reclaim the player at a lower price for the duration of the original contract.
For the duration of the original contract, the owner may not reacquire a previously waived player through trade either, if the player's salary is lower than it was when he was waived.
Example: I waive Barry Bonds @ $18 million / 2 years and no one claims him. I cannot bid on him in free agency at all. Even if bidding reaches $20 million, I cannot bid. If someone else signs him at $15 million, I cannot receive him in a trade until the 2 years have concluded. However, if someone else signs him for $20 million (more than the pre-waived salary), I am allowed to trade for him even though the 2 years have not concluded.
A team that waives a player can reclaim him as long as the player has not been claimed by another team or bid on by another team. The player's contract is unchanged.
WAIVER ORDER
The inital waiver order will be set before the first season and is continuous from season to season. It is not affected by the league standings. The order is only changed when a successful claim is made. A successful claim moves the claiming team to the bottom of the order.