Waivers (NHL)

Waivers are a National Hockey League (NHL) labour management procedure that requires an NHL team, under specific circumstances, to make a professional ice hockey player's contract and rights available for all other NHL teams to claim. They usually arise when a team wants to send a player down to its American Hockey League (AHL) affiliate, or terminate a player's contract early, which can only happen after that player has been offered to all NHL teams and every team "waives" the right to claim the player.

A player being offered through this procedure is typically referred to as being "placed on waivers". If no team makes a claim within the waiver period, the player is said to have "cleared waivers". Waivers are similar to the designated for assignment process in Major League Baseball.

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