The Seattle Sounders FC selected forward Dawyne Smith and defender Daniel Steres in the 2012 MLS Waiver Draft held on Wednesday afternoon.
Smith, 24, was picked by the New England Revolution third overall in the 2012 Supplemental Draft out of Bethel University. Steres, 21, was picked by Chivas USA ninth in the second round (28th overall) of the 2012 Supplemental Draft out of San Diego State University.
Here's is a section from MLS rules regarding waivers and the waiver draft:
WAIVERS A team may place a player on waivers at any time during the regular season at which point he is made available to all other teams. The waiver claiming period shall commence on the first business day after the League delivers notice to teams and shall expire at 5 p.m. EST on the second business day after the Waiver Period Commencement Date. The claiming period is 48 hours. The Waiver Draft order is determined via points per game once all teams have played at least three MLS League games. If the waiver takes place prior to all teams playing in at least three League games, priority shall be granted based upon the prior year’s performance, taking playoff performance first, with teams eliminated from playoff contention at the same stage separated according to their point totals through the end of the regular season. New expansion teams shall be at the bottom of the waiver order. Once a team selects a player off waivers, that club is automatically moved to the bottom of the priority list for subsequent waiver selections in a given season, regardless of its points-per-game total. Players who may be placed on the MLS waiver wire are as follows: 1. A player waived by an MLS team in the current season; 2. A player who completed his college eligibility within the past season, who was not made available in the SuperDraft or Supplemental Draft; 3. A player who has remaining college eligibility (and was not made available in the SuperDraft or Supplemental Draft), but the League at its discretion and after taking into account exceptional circumstances determines the player may be offered an MLS contract; 4. A player who has played in MLS previously where his last MLS team does not wish to exercise their right of first refusal, except in the case of returning U.S. National Team players as stated above. 5. A player who was drafted in the SuperDraft or supplemental draft, and who after a trial with the club is not offered a contract by the first Monday of June.