Okay, I googled all over for this and still don't understand. A ton of players are on the waiver wire this week. Do the Chiefs get first crack at all of them or do they just get first crack in a draft style system? If the former, then they essentially get their pick(s) and then there is a trickle down. Or do they do it like a draft, Chiefs are first until they pick then #2, etc. Just curious.
Please explain waiver wire
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Re: Please explain waiver wire
The Waiver Wire works like this:- Team A signs Player X to a contract
- Player X makes the roster and is on the team during the regular season
- Team A decides it no longer wants Plaer X on its roster
- Team A terminates the players contract, releasing him from his duties
- Before Player X becomes a free agent, he hits the Waiver Wire
- When his name goes on the waiver wire, every team in the NFL has the option to pick up the players original contract (the one Player X originally signed with Team A)
- The Waiver Wire is like the NFL Draft in that teams with the worst records get first crack at the players who have been released
- Once a team passes on the player then they cannot go back and claim him
- If no team signs the player, then he becomes an unrestrictd free agent.
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Re: Please explain waiver wire
Section 1. Release:
(a) Whenever a player who has finished the season in which his fourth year of credited service has been earned under the Bert Bell/Pete Rozelle Plan is placed on waivers between February 1 and the trading deadline, his contract will be considered terminated and the player will be completely free at any time thereafter to negotiate and sign a Player Contract with any Club, and any Club shall be completely free to negotiate and sign a Player Contract with such player, without penalty or restriction, including, but not limited to, Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period. If the waivers occur after that time, the player’s Player Contract will be subject to the waiver system and may be awarded to a claiming Club. However, if such player is claimed and awarded, he shall have the option to declare himself an Unrestricted Free Agent at the end of the League Year in question if he has a no-trade clause in his Player Contract. If such player does not have a no-trade clause and the Player Contract being awarded through waivers covers more than one additional season, the player shall have the right to declare himself an Unrestricted Free Agent as set forth above at the end of the League Year following the League Year in which he is waived and awarded.
(b) Whenever a player who has finished less than the season in which his fourth year of credited service has been earned under the Bert Bell/Pete Rozelle Plan is placed on waivers, the player’s Player Contract will be subject to the waiver system and may be awarded to a claiming Club.
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Re: Please explain waiver wire
Originally posted by SquishDaFish View PostThe Waiver Wire works like this:- Team A signs Player X to a contract
- Player X makes the roster and is on the team during the regular season
- Team A decides it no longer wants Plaer X on its roster
- Team A terminates the players contract, releasing him from his duties
- Before Player X becomes a free agent, he hits the Waiver Wire
- When his name goes on the waiver wire, every team in the NFL has the option to pick up the players original contract (the one Player X originally signed with Team A)
- The Waiver Wire is like the NFL Draft in that teams with the worst records get first crack at the players who have been released
- Once a team passes on the player then they cannot go back and claim him
- If no team signs the player, then he becomes an unrestrictd free agent.
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Re: Please explain waiver wire
Originally posted by The Jokeman View PostI think he was asking more if the Chiefs have first dibs on every player cut or if they elect to claim someone does that mean the next guy cut would allow Jags top priority since the Chiefs already claimed someone and so fourth.Lou Saban: You can get it done, you can get it done. And what’s more, you’ve gotta get it done.
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Re: Please explain waiver wire
KC would also have to honor the terms of the player's most current contract if the Chiefs claimed a waived player. The contract follows the player until the player passes thru waivers without being claimed. After that, the player has to negotiate a new contract before joining a new team. That salary cap impact sometimes plays a part in deciding to claim a player or not.Ambiguity can be taken many different ways. It just depends.
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Re: Please explain waiver wire
Originally posted by SquishDaFish View PostSection 1. Release:
(a) Whenever a player who has finished the season in which his fourth year of credited service has been earned under the Bert Bell/Pete Rozelle Plan is placed on waivers between February 1 and the trading deadline, his contract will be considered terminated and the player will be completely free at any time thereafter to negotiate and sign a Player Contract with any Club, and any Club shall be completely free to negotiate and sign a Player Contract with such player, without penalty or restriction, including, but not limited to, Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period. If the waivers occur after that time, the player’s Player Contract will be subject to the waiver system and may be awarded to a claiming Club. However, if such player is claimed and awarded, he shall have the option to declare himself an Unrestricted Free Agent at the end of the League Year in question if he has a no-trade clause in his Player Contract. If such player does not have a no-trade clause and the Player Contract being awarded through waivers covers more than one additional season, the player shall have the right to declare himself an Unrestricted Free Agent as set forth above at the end of the League Year following the League Year in which he is waived and awarded.
(b) Whenever a player who has finished less than the season in which his fourth year of credited service has been earned under the Bert Bell/Pete Rozelle Plan is placed on waivers, the player’s Player Contract will be subject to the waiver system and may be awarded to a claiming Club.
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