WAIVERS
Waivers
Waivers is a National Hockey League labor management procedure by which an NHL team makes a professional ice hockey player’s contract and rights available to all other NHL teams. The term "waivers" refers to a concept wherein other NHL teams 'waive' any claim to a player designated for assignment in the AHL or designated for release. The process is typically referred to as 'being placed on waivers.'The above text is a snippet from Wikipedia: Waivers (NHL)
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