Understanding the Cap: Waivers Update
Don’t miss my 2009-2010 season outlook, right below this post. It took a while to write, and you should definitely check it out.
It was brought to my attention that some of the information in the waivers section on the Understanding the Cap page was inaccurate.
Essentially, One-way and two-way contracts have nothing to do with a player passing through waivers. The definition of a two-way contract is the player receives two different salaries, depending on which league he plays in. If he is in the AHL, he may make $100k, and in the NHL, he might make $500k. There are also such things as three-way contracts, which are different pay levels for the ECHL, AHL and NHL.
I am working on getting the true scenarios for waivers. Sorry if this caused any confusion.
Update 5:10pm: Found the true definitions of waiver eligibility. The Understanding the Cap page has been updated.
By dbmaven, August 28, 2009 @ 9:52 am
One minor item that you might have missed is under ‘re-entry waivers’. Again, the one/two-way contract has nothing to do with waivers of any kind. If the player is eligible for waivers (sent down) then the same rules apply on re-entry. (At least that is my understanding).
Dave Reply:
August 28th, 2009 at 10:04 am
Yea, you’re right, I missed that. I’ll update now.
Thanks.