: Salary Cap:
Question: What happens if a player is waived?
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09-29-2008, 11:53 AM
Join Date: Jul 2004
If a player is waived and cleared, then his salary won't count against the cap (but he would still get paid his full salary, he would be making 5 million to play in the AHL). There is an exception to this rule, if they were over 35 and signed a multi-year contract then their salary would still count against the cap.
If a player is claimed on waivers, then the claiming team is responsible for the rest of their contract. However if a player clears waivers, is sent down to the minors, but then recalled, he is subject to re-entry waivers where if a team claims him they are only responsible for half the salary. The Rangers would be responsible for the other half and it would count against their cap. ie if Roszival is sent down, clears, but is then recalled and say Columbus claims him, half his cap hit (2.5) would count against the Rangers for the rest of his contract and half would count against the claiming team.
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