Introducing the Summer Waiver Wire!

Here is my initial proposal for the Summer Waiver Wire:

Here is my proposal with a full discussion coming during the 2013 PCL Convention.

The SWW is a volunteer, but highly incentivise, mid-summer league procedure that should contribute to more golf, social interactions, and fun!
It will simulate MLB's GM process of becoming buyers/sellers for the last 1/3 of the season.
It should allow some playoff bubble teams to improve their roster for the last set of intra-division games and looming playoffs.
It will also allow some non-playoff bound teams to adjust their roster for next year's auction and will allow for all teams to promote minor leaguers and make roster adjustments for the final segment of the season.
This proposal involves formally dividing the PCL season into 3 separate "blocks" of play. The first block consists of the the intra-owner team series and the 3-game intra-divsional series. The second "block" includes the 8 inter-divisional series and the third block contains the final 4-game intra-divisional series.
Promotion/Demotion: Another change in league structure involes having the ability to promote minor leaguers who meet PCL playing criteria. If you promote a player with "M" status, then you must determine a graduation date and his clock starts ticking.

Participating qualifications. To participate in the SSW, owners must have completed their second block of play by a date designated by the commissioner. This date will be scheduled at the annual PCL convention in March.
Prior to the SWW, teams may chose to make one or more players available on the SWW. This list will be published one week prior to the SWW.
Teams will take turns selecting a player or passing in the reverse order of the current win percentage. Each team has 24 hours to make a selection and then the following team may jump them in order. Teams do not lose their selection until the SWW ends.
Selected players: Players who are selected during the SWW process move immediately from their former to new team with their current contract in place (no contractual discounts, unlike the WWW). The new team will reimburse the former team 33% of the players contract for the current season (rounded up) at the end of the current PCL season. SWW dollars will be added and subtracted from their respective teams prior to the next season's WWW. Thus, we are allowing teams to exceed the $275 max during the season and spend future dollars against newly acquired contracts obtained during the SWW. Selected players lose RFA rights.
Unselected players remain on their teams under their current contract.
Post SWW roster adjustments:

Teams may have more than 30 players on their roster, but their active major league roster must balance to 25 at the end of the SWW. Teams may promote a minor leaguer to fill out their 25-man roster, but they must simultaneously determine a contract length and the remaining portion of the current season counts as the first year of useage.
Teams acquiring rostered players from the SWW will assume full financial responsibility for the player's contract. The team losing the player owes nothing. There is no process for cutting players in the SWW.
All teams making roster adjustments need to pass a new roster review prior to continuing league play.

Teams will have two weeks from the close of the SWW to modify their team instructions for the block of regular season games.
Key benefits and incentives:

Contending teams can now improve their current roster, plug holes, or make up for auction mistakes during the season in preparation for a title run!
Underperforming teams might be able to get out of bad contracts.
Cover for usage problems.
Figure out how to get the most out of your team during the stretch run.
Evaluate potential SWW player's fit for our particular team and against specifically targeted rivalry teams. Do you need that one more starter or that missing/extra lefty/righty reliever to battle the division leader? How about a lefty who kills lefties?
Examine mid-season MLB data - what's the outlook for next year?

Stop and breathe: The SWW promotes a short break from the regular season. The SWW break gives us time to formally take a two-week break and digest the results of the first 2/3 of the season.
The SWW strongly supports the "orderly progression of play" because teams could only participate if they had completed the second block of scheduling.
The incentive to participate in the SWW should be huge because it's only way to improve your team's roster during the season no matter which direction you're headed!

Owner GM time. But, this has always been a variable and participate in all waiver wires is voluntary.
League management time: The SWW definitely needs additional league management time, which would involve updated rosters and roster files.

More fun and hope for everyone no matter your team's current performance!
More fluidity among the competing teams as each makes important in-season adjustments getting ready for the playoffs.
Greater hope for the struggling teams and a chance to plug some holes with potentially better players.