What happens when you clear waivers in NHL
In the National Hockey League (NHL), a player is placed on waivers when their team wants to terminate their contract. If a player clears waivers, it means no other team has claimed them, and they become a free agent.
Procedure of Clearing Waivers:
- Waiver Period: The player is placed on waivers for a specified period, typically 24, 48, or 72 hours.
- Waiver Priority: Teams with the worst records have priority to claim the player off waivers.
- Claiming Rights: If a team has the priority and wants to acquire the player, they submit a claim to the NHL.
- Highest Bid: If multiple teams claim the player, the team with the highest waiver priority wins.
Consequences of Clearing Waivers:
- Free Agency: The player becomes a free agent and can sign with any team.
- Contract Termination: The original team's obligation to pay the player's contract is terminated.
- Salary Cap Relief: The team clearing waivers gains salary cap relief equal to the remaining amount on the player's contract.
Related Questions and Answers:
- Why do teams place players on waivers? To terminate their contracts and gain salary cap relief.
- How long is a player on waivers for? Typically 24, 48, or 72 hours.
- What happens if a player is claimed off waivers? The player joins the claiming team, and their contract is terminated with the original team.
- What happens if a player clears waivers but is not signed? They become a free agent and can sign with any team.
- Is it common for players to clear waivers? Yes, many players clear waivers during the season.
Related Hot Sale Products:
- Bauer Hockey Supreme Ultrasonic Stick
- CCM Ribcor Trigger 7 Pro Stick
- Warrior Alpha LX Pro Gloves
- Easton Synergy HTX Hockey Pants
- Bauer Vapor 3X Pro Skates
Pre：What is poke and hope hockey What s the right way
Next：Who is the greatest hockey player who has not been inducted into the Hall of Fame
^