Thread: Speculation: Redden to be waived at end of camp
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06-29-2010, 10:55 AM
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Originally Posted by DrAStuart View Post
I had always understood that you can't waive someone in the off season which is why NYR has to wait until after camp to waive WR.

So how come Cheechoo, Kotalik and others all got waived yesterday by their respective teams?
Waiving a player and sending him down are 2 different things. Waiving a player does not remove him from the cap unless another team picks him up. Once a player clears waivers, the team has 10 games or 30 days to send him down. If he is not sent down within that time frame, he must be waived again in order to be sent down.

Once a player is sent down, he no longer counts against the cap. But players can't be sent down during the offseason. We have to carry that cap hit until the season starts, though we can also be 10% over the cap until that time.

Cheechoo and Kotalik were waived because it is required by the CBA prior to a buyout.

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