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hold2dibber
07-31-2002, 09:28 AM
Once the trade deadline passes today, what happens to a player's salary if he is waived and someone else picks him up? Just as an example, say the Sox are unable to deal Clayton before the deadline. If they decide therefore to simply waive him and someone else claims him, who pays his salary for the remainder of the year and what does he get paid (i.e., do they strike a new deal or does he get whatever he was supposed to get under his old deal with the Sox)? Can the claiming team and the waiving team work out a deal to divide his salary?

Daver
07-31-2002, 10:21 AM
Originally posted by hold2dibber
Once the trade deadline passes today, what happens to a player's salary if he is waived and someone else picks him up? Just as an example, say the Sox are unable to deal Clayton before the deadline. If they decide therefore to simply waive him and someone else claims him, who pays his salary for the remainder of the year and what does he get paid (i.e., do they strike a new deal or does he get whatever he was supposed to get under his old deal with the Sox)? Can the claiming team and the waiving team work out a deal to divide his salary?

If he is claimed the balance of his contract would be paid by the claimee,as the contract would be assumed by the claiming team.

If he does clear waivers he is considered a FA and the Sox are responsible for paying off the balance of his contract.

Paulwny
07-31-2002, 10:24 AM
Originally posted by daver


If he is claimed the balance of his contract would be paid by the claimee,as the contract would be assumed by the claiming team.

If he does clear waivers he is considered a FA and the Sox are responsible for paying off the balance of his contract.

Ya beat me Daver, found this on espn

Waivers
Waivers just might be the most complicated single aspect of the rules. In the rule book, a waiver is defined as "... a permission granted for certain assignments of player contracts or for the unconditional release of a Major League player ..."

If a player placed on Major League waivers is not claimed by another team during the three business days after waivers have been requested, then the players is said to have "cleared waivers," and the team has secured waivers for the remainder of the waiver period.

And what does that mean? Essentially, the team can do with the player's contract as it pleases. This generally means one of three things:

(1) They can send him to the minors (subject to his consent, if he's a "Veteran Player," more on that below).

(2) They can release him, which makes the player a free agent and thus available to sign with any team.

(3) They can trade him to another team, even if the so-called "trading deadline" has passed. Any trades made after July 31 may only involve players who have cleared waivers.

If a player doesn't clear waivers -- in other words, if he's claimed by another team or teams -- the club requesting waivers may withdraw the waiver request.

If the club doesn't withdraw the waiver request, the player's contract is assigned in the following manner:


(A) If only one claim is entered, the player's contract is assigned to that claiming club.

(B) If more than one club in the same league makes claims, the club currently lower in the standings gets the player.

(C) If clubs in both leagues claim the player, preference shall always go to the club in the same league as the club requesting waivers.


There are other, more esoteric rules involved here. For example, during the first 30 days of the season, the previous season's final standings are used to determine claim order, rather than the current standings.

Dadawg_77
07-31-2002, 10:24 AM
Originally posted by daver

If he does clear waivers he is considered a FA and the Sox are responsible for paying off the balance of his contract.

That would happen only if the Sox let him go. A player can clear waivers and the team can retained him on the roster, so he wouldn't be a FA.