Put on waivers according to Sullivan. http://www.chicagotribune.com/sports/baseball/cubs/ct-spt-0329-cubs-bits--20110328,0,5658997.story Okay, that's a huge difference... not if another team claims him of course, but at least we're trying to keep him in the system rather than cutting ties completely. It's actually not a difference at all, in baseball. The terms are used interchangeably. If a player has been placed on waivers, he has been "waived." You may be confusing the term with a different sport: football. If a player is "waived" in the NFL, he becomes an unrestricted free agent (if he is not claimed by another team). Therefore, the term "waived" has the connotation of being released, in that sport. In baseball, "waived" = placed on waivers.