Originally Posted by DirtyKash
No, there is a waiver deadline (August 31). But if you acquire a player after that, he's not eligible for the postseason. Whereas before August 31, he is.
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But if you acquire a player after that you're still doing so via
waivers, so there is no waiver deadline.
The deadline you're thinking of is the deadline to have your playoff roster set....hence the reason teams generally stop using the non-deadlined waiver process after Aug 31st.
If there was a waiver deadline the Padres wouldn't have Jason Lane or Brett Tomko on the team.