For anyone who doesn't know...
1. PLAYER LIMITS
A team's roster may consist of 40 players until Opening Day, when the number must be reduced to 25 until September 1st, when it again becomes 40.
2. DISABLED LISTS
You often may hear of a player being placed on the 15-day disabled list, but there are actually two disabled lists, the 15-day and the 60-day disabled list. The only difference between the two is that a player on the 60-day disabled list will not count against a team's 40-man roster. This allows a team to keep an extra player on the roster while the disabled player remains out.
A player may only be placed on the disabled list for verifiable medical reasons, that is a player must be certified hurt by a medical doctor.
A player can be placed on the disabled list retroactively for as many as 10 days, beginning with the day after the last game he played.
Any player may be moved from the 15-day disabled list to the 60-day disabled list at any time. A player cannot be moved from the 60-day disabled list to the 15-day disabled list.
A disabled player may be assigned to a Minor League Club for injury rehabilitation for up to 20-days for position players. Pitchers can be granted as many as 30-days of Minor League Rehab.
3. PLAYER OPTIONS
After a player has played three full professional seasons, he must protected on the Major League Team's 40-man roster or he becomes available to be selected in the Rule 5 draft. If after the three years he is placed on the Major League Roster, the club then has options on that player.
A player on the 40-man roster but not on the 25-man Major League Roster is on what is called optional assignment. A player on optional assignment has three option years, and can be sent up and down as many times as the club sees fit during those three seasons.
A player who has been in the Major Leagues for parts of three different seasons is out of options, and must clear waivers in order to be sent down beginning with his fourth big league season.
4. WAIVERS
A waiver on a Major League Player is defined as "...a permission granted for certain assignments of player contracts or for the unconditional release of a Major League player..."
A Major League Player placed on waivers will have "cleared waivers" if after three business days following waivers have been requested he has not been claimed by another team. If a player "clears waivers", the team has secured waivers on that player for the rest of the waiver period.
A team can do one of three things with a player once he has cleared waivers. They can send him to the minors, for veteran players with the consent of the player, they can release him, making him available to other teams, or they can trade him to another team, regardless of whether or not the trading deadline has passed. In order for a team to trade a player past the July 31st trading deadline, he must have first cleared waivers.
If a player placed on waivers is claimed by another team, the club requesting waivers may withdraw the waiver request. If the club doesn't withdraw the waiver request, the player's contract is assigned based on certain criteria. If only one club claims the player, that club is awarded the player. If more than one club in the same league makes claims, the club currently lower in the standings gets the player. If the claim is made during the first 30 days of the season, the previous season's standings are used to determine who gets the player. If clubs in both leagues claim the player, the player will always go to the club in the same league as the club requesting waivers.
5. DESIGNATED FOR ASSIGNMENT
When a club designates a player for assignment, it allows the club to open up a roster spot while it figures out what it is going to do with a player. Most often a player is designated for assignment so the club can open up his roster spot while they wait for him to clear waivers. A club may also designate a player for assignment while they try to trade him to another club.
6. RECALLING PLAYERS FROM THE MINORS
When a player is recalled from the minor leagues he is either called up or his contract is purchased. A player who is called up already holds a spot on the 40-man roster. A player who's contract is purchased is not on the 40-man roster and must be added to it. If a club already has a full 40-man roster, it must drop a player from the roster.
7. PLAYERS TO BE NAMED
A team may make a trade involving a player to be named at a later date.
There are two restrictions on deals involving players to be named. Any transaction made in this manor must be completed within 6 months of the initial transaction. Also the player to be named can not have played in the same league as the team he is being traded to.
A player on the disabled list can be traded as a player to be named. This happens because players on the disabled list can not be traded while they are disabled.
8. THE RULE 5 DRAFT
A player is eligible for the offseason Rule 5 draft if he is not on the 40-man Major League Roster if he was 18 or younger when he first signed a pro contract and this is the fourt Rule 5 draft since he signed or if he was 19 or older when he first signed a pro contract and this is the third Rule 5 draft since he signed.
A player drafted in the Rule 5 draft must remain in the majors, be it on the 25-man roster or the disabled list, for all of the following season, or the club that drafted him must return him to his original club. Since a player to is returned must first be place on waivers, a third club can claim the player. The claiming club would then be responsible to the same rules placed upon the team that drafted him in the Rule 5 draft.
9. VETERAN PLAYERS
Any player who has been in the major leagues for five full seasons may not be assigned to the minor leagues without his consent.
A player with five years of major league service who is traded in the middle of a multi-year contract may demand a trade prior to the start of the season following the one in which he was traded.
Any player with at least ten years of major league service, the last five with the same major league club, may not be traded without his consent.
10. INTERLEAGUE AND INTRALEAGUE TRADES
A team may make trades without waivers from 5pm Eastern time, the day after the scheduled end of the season through July 31st. Waivers are necessary to make trades from August 1st through 5pm Eastern Time, the day after the scheduled end of the regular season.
1. PLAYER LIMITS
A team's roster may consist of 40 players until Opening Day, when the number must be reduced to 25 until September 1st, when it again becomes 40.
2. DISABLED LISTS
You often may hear of a player being placed on the 15-day disabled list, but there are actually two disabled lists, the 15-day and the 60-day disabled list. The only difference between the two is that a player on the 60-day disabled list will not count against a team's 40-man roster. This allows a team to keep an extra player on the roster while the disabled player remains out.
A player may only be placed on the disabled list for verifiable medical reasons, that is a player must be certified hurt by a medical doctor.
A player can be placed on the disabled list retroactively for as many as 10 days, beginning with the day after the last game he played.
Any player may be moved from the 15-day disabled list to the 60-day disabled list at any time. A player cannot be moved from the 60-day disabled list to the 15-day disabled list.
A disabled player may be assigned to a Minor League Club for injury rehabilitation for up to 20-days for position players. Pitchers can be granted as many as 30-days of Minor League Rehab.
3. PLAYER OPTIONS
After a player has played three full professional seasons, he must protected on the Major League Team's 40-man roster or he becomes available to be selected in the Rule 5 draft. If after the three years he is placed on the Major League Roster, the club then has options on that player.
A player on the 40-man roster but not on the 25-man Major League Roster is on what is called optional assignment. A player on optional assignment has three option years, and can be sent up and down as many times as the club sees fit during those three seasons.
A player who has been in the Major Leagues for parts of three different seasons is out of options, and must clear waivers in order to be sent down beginning with his fourth big league season.
4. WAIVERS
A waiver on a Major League Player is defined as "...a permission granted for certain assignments of player contracts or for the unconditional release of a Major League player..."
A Major League Player placed on waivers will have "cleared waivers" if after three business days following waivers have been requested he has not been claimed by another team. If a player "clears waivers", the team has secured waivers on that player for the rest of the waiver period.
A team can do one of three things with a player once he has cleared waivers. They can send him to the minors, for veteran players with the consent of the player, they can release him, making him available to other teams, or they can trade him to another team, regardless of whether or not the trading deadline has passed. In order for a team to trade a player past the July 31st trading deadline, he must have first cleared waivers.
If a player placed on waivers is claimed by another team, the club requesting waivers may withdraw the waiver request. If the club doesn't withdraw the waiver request, the player's contract is assigned based on certain criteria. If only one club claims the player, that club is awarded the player. If more than one club in the same league makes claims, the club currently lower in the standings gets the player. If the claim is made during the first 30 days of the season, the previous season's standings are used to determine who gets the player. If clubs in both leagues claim the player, the player will always go to the club in the same league as the club requesting waivers.
5. DESIGNATED FOR ASSIGNMENT
When a club designates a player for assignment, it allows the club to open up a roster spot while it figures out what it is going to do with a player. Most often a player is designated for assignment so the club can open up his roster spot while they wait for him to clear waivers. A club may also designate a player for assignment while they try to trade him to another club.
6. RECALLING PLAYERS FROM THE MINORS
When a player is recalled from the minor leagues he is either called up or his contract is purchased. A player who is called up already holds a spot on the 40-man roster. A player who's contract is purchased is not on the 40-man roster and must be added to it. If a club already has a full 40-man roster, it must drop a player from the roster.
7. PLAYERS TO BE NAMED
A team may make a trade involving a player to be named at a later date.
There are two restrictions on deals involving players to be named. Any transaction made in this manor must be completed within 6 months of the initial transaction. Also the player to be named can not have played in the same league as the team he is being traded to.
A player on the disabled list can be traded as a player to be named. This happens because players on the disabled list can not be traded while they are disabled.
8. THE RULE 5 DRAFT
A player is eligible for the offseason Rule 5 draft if he is not on the 40-man Major League Roster if he was 18 or younger when he first signed a pro contract and this is the fourt Rule 5 draft since he signed or if he was 19 or older when he first signed a pro contract and this is the third Rule 5 draft since he signed.
A player drafted in the Rule 5 draft must remain in the majors, be it on the 25-man roster or the disabled list, for all of the following season, or the club that drafted him must return him to his original club. Since a player to is returned must first be place on waivers, a third club can claim the player. The claiming club would then be responsible to the same rules placed upon the team that drafted him in the Rule 5 draft.
9. VETERAN PLAYERS
Any player who has been in the major leagues for five full seasons may not be assigned to the minor leagues without his consent.
A player with five years of major league service who is traded in the middle of a multi-year contract may demand a trade prior to the start of the season following the one in which he was traded.
Any player with at least ten years of major league service, the last five with the same major league club, may not be traded without his consent.
10. INTERLEAGUE AND INTRALEAGUE TRADES
A team may make trades without waivers from 5pm Eastern time, the day after the scheduled end of the season through July 31st. Waivers are necessary to make trades from August 1st through 5pm Eastern Time, the day after the scheduled end of the regular season.
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