So then a guy can't be "traded" within the same leauge, only picked up and then paid the rest of their salary?
No. If a guy passes through waivers without being claimed, he can be traded for money, other players, and/or prospects just like before the waiver deadline.
"I do not think baseball of today is any better than it was 30 years ago... I still think Radbourne is the greatest of the pitchers." John Sullivan 1914-Old athletes never change.