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Yes. When a player is designated for assignment, the team has 10 days to decide what to do (release the player, trade the player, waive the player). Usually, the player is placed on waivers. If nobody claims the player, he can be assigned to the team's minor league system. In this case, it would be possible for the team that designated the player for assignment to recall the player to the major league team.

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Q: Can a player still play for the team that designated him for assignment in major league baseball?
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What does DA stand for when referring to the closer in baseball?

Designated Assignment:)(I knew what DA was but I got this from wikipedia I ) :Designated for assignment is a contractual term used in Major League Baseball. When a player is designated for assignment, he is immediately removed from the club's 40-man roster. This gives the club 10 days to decide what to do with the player while freeing up a roster spot for another transaction, if needed. After designating a player for assignment, the club must make one of the following contractual moves:Place the player on waivers (which can only be done within the first 7 days of the 10-day period)Trade the playerRelease the player


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