I’m not enough of a seamhead to know everything there is to know about revocable waivers but if the Miami Marlins just ran Giancarlo Stanton through that process over the weekend and he went unclaimed, as reported by Yahoo Sports, it’s time to dig in.
As explained by the MLB Daily Dish website, “In August, tons of players throughout the league are placed on revocable trade waivers, in many cases for clubs to gauge value of their players and in some rare cases, because clubs are actually interested in making waiver-wire deals.”
My interpretation: Generally speaking it’s no big deal for a player to be placed on revocable waivers in August. Happens all the time. This, however, makes Stanton eligible to be traded to any team now, and since the Bruce Sherman/Derek Jeter group just signed an agreement to purchase the team from Jeffrey Loria, you have to assume that Jeter is the one who wants to discover all the possibilities.
Stanton is owed $295 million between 2018 and 2027. Surely Jeter’s group and Loria talked about that during negotiations to buy the team at the reported price of $1.2 billion. The franchise and its new owners can either build around Stanton or start a new long-range plan with greater freedom to spread money in other directions.
Stanton’s on a career-best roll, too, with an all-time high trade value. Going into Tuesday night’s game against the Giants, he had homered in five consecutive games, setting a franchise season record of 43 in the process. In August alone Stanton has 10 homers, more than three teams (the Phillies, Pirates and Rays) have managed to pile up. He also went into Tuesday’s action with 22 homers in the space of 34 games, a pace that hasn’t been seen since Shawn Green of the Dodgers matched it in 2002.
Now, about the “revocable” part of the waivers process, which Stanton reportedly cleared on Sunday.
Other teams have 48 hours to make a claim on a player who has been placed on revocable waivers. The teams at the bottom of the standings get first priority if there are multiple claims.
At this point, a trade can be worked out, or the original team may pull the player back off waivers and everything returns to normal.
Or, as explained by MLB Daily Dish, “the team can simply award the player to the priority claiming team, with the claiming team taking on the rest of the player’s contract and immediately acquiring him.”
My interpretation: If some other team was willing to take Stanton’s contract or any significant chunk of it off the Marlins’ books, it would have been tempting for Jeter to approve that. Sounds like a horrible PR move for the new group, of course, in terms of dumping the Marlins’ best player in the midst of an incredible home-run barrage, but Loria still owns the team and fans are already inclined to blame him for everything.
Either way, since Stanton was not claimed, the new ownership group has a better idea of which teams are interested enough, and wealthy enough, to make a call and seriously discuss the situation when it comes to Miami’s young superstar.
The Detroit Tigers just went on a fact-finding mission with second baseman Ian Kinsler, who was placed on revocable waivers and was claimed by another unknown team. Since no deal was worked out within the 48-hour waiver period, Kinsler stays with the Tigers. Maybe he gets traded in the offseason or next summer or maybe nothing ever happens with Kinsler but Detroit has more information about his market value at this point and that is important to them.
With Stanton, who has a no-trade clause, it remains possible that he could be traded away by the end of August if there is somewhere he agrees to go and some team rich enough to assume his contract. After that it makes no sense because players have to be with a contending team by Sept. 1 in order to make the postseason roster.
Bottom line, I don’t think Stanton is going anywhere right now, but it’s no surprise that Loria’s guys are looking around to see what is possible, and that Jeter is eager to see what they find out.
The Marlins need to build everything over, from the farm system up. If Jeter is soon to be in charge of both the business and the baseball side of this operation, Stanton is the key to every blueprint that must be reviewed and approved over the next decade.