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In North American sports contracts, waivers is a type of player transaction. A player under contract to a team is placed on "waivers" for a specified period of time; during this time other teams may submit a claim for that player's contract.
NFL clubs are prohibited from contacting waived players until the player has been released by the club after passing waivers. [2] As of 2008, at the conclusion of a season in which a veteran with four years of service is claimed via waivers, veterans with a no-trade clause in their contracts may declare themselves free agents. Any other veteran ...
do nothing and allow the claiming team to do three things: assume the player's existing contract, pay the waiving team a waiver fee, and place the player on its active major league roster. Prior to 2019, [9] teams had a third option: Refuse the claiming team's request and keep the player on its major league roster, effectively canceling the ...
The Philadelphia Flyers placed forward Ryan Johansen on unconditional waivers Tuesday for the purpose of terminating his contract.The team said the decision was due to a "material breach."
The 2005 NHL-NHLPA collective bargaining agreement (CBA) introduced "re-entry waivers."With limited exceptions, any player who was subject to waivers before assignment to the minors must clear re-entry waivers before being called back up if said player is on a one-way contract or a two-way contract with an AHL salary in excess of $105,000.
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