Larry Walker Traded
I guess he must have cleared waivers. By the way, from what I understand, a waiver is generally described as clearance for a MLB team to either assign a player to the minor leagues or trade a player, granted only after all other clubs have been given the opportunity to claim the player and have not done so. Players generally with 3 years of experience (or fewer who have run out of options) must clear waivers before any of this can happen.
The trade deadline complicates this somewhat. After the July 31 trade deadline, players must “clear waivers” in order to be traded, sent to the minors, etc. A player will clear waivers if he has not been claimed by another team after three business days following the date waivers were requested. Teams, especially non-contenders, sometimes put their entire roster on the waiver wire.
the process invloves sending MLB a list of the players you are requesting to put on waivers. At this point every MLB team has a shot of "claiming" him. If nobody claims the player he clears waivers.
If a player does get claimed, that does not mean that he will change teams. If a team cliams a player it means they will assume his contract without renegotiation. however if a waiver claim is made the offering club can simply retract the waiver request as if it never existed. So if a player does not clear waivers, that means another team has claimed him. But if a player clears waivers, that means that every other team took a pass on the player and his contract.
Players like Larry Walker, old and with a high paying 3 year deal will almost always clear waivers. That way a trade can take place like it did today, where the trading team, the Rockies, assumes some of the Salary burden for the next three years.
You will notice that St Louis traded three minor leaguers in the deal. Those players did not have to clear waivers.
Sometimes teams get really screwed on their waiver wire activity. For example in 1998 the San Diego Padres claimed reliever randy Myers off waivers from the Toronto Blue Jays so that the Giants or Dodgers could not trade for him. He was old with a huge contract and he succcckkkkkked. Plus with Trevor Hoffman they did not really need him to close, but they just wanted to prevent other teams from acquiring him. Turns out they just should have passed.
Saturday, August 07, 2004
Larry Walker Traded