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The disposition of players drafted under Rule 5 are described in Rule 6.
A player drafted under Rule 5 has to be kept on the selecting team's active roster for the entire major league season. If the club decides it wants to remove the player from the active roster, it must first request outright assignment waivers. If no club claims the player, then he must be offered back to the organization from which he was drafted. If they don't want the player back, then he can be assigned outright to the minors (since such waivers have already been granted), or it can then release the player.
If the drafted player has the right to elect free agency in lieu of accepting an outright assignment, then he can do that or accept the assignment.
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