External Transactions

Designation for Assignment

Players being cut or demoted to AAA are designated for assignment. Designation immediately removes the player from the Majors or AAA roster, and subjects him to a 3-day waiver process. Such players are available to trade for the next three days. If they are not traded after three days, they are given to the highest waiver claimant. If the player is not claimed on waivers, the player is cut. Designation is not revokable. Refunds are not awarded for players unclaimed on waivers.

Mid-Season Free Agents

Any unsigned player can be acquired mid-season. Players who are acquired mid-year are paid the league minimum.

Players drafted in the AAA Draft with Non-guaranteed contracts may be freely swapped for a replacement player who is in the same player grouping (i.e., SP, RP, infielder, outfielder, catcher) for the duration of April. Replacement players cannot be swapped for other replacement players. on Sunday of week 15 or earlier, or have been announced to the league in a reasonable manner before that deadline.

Trades may involve players and cash, but just as in MLB, players cannot be dealt only for cash. Trades may also involve other assets, such as, but not limited to future draft picks, RFA rights, etc. As a general policy, trades are looked upon favorably, regardless of the types of assets involved. The full terms of a trade need not be fully disclosed to the league and may involve gentlemen's agreements and conditions.

Trades will be subject to approval by a vote of the other managers in the league. If greater than one-half of the non-involved managers veto a trade, the trade will be cancelled. The veto window three days. All trades will be immediate. A veto of a trade will be prospective; if vetoed, the players traded will have their stats count for their teams that temporarily held them.