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Message: [QUOTE="UcMiami, post: 4306865, member: 199"] It is like any pro league where the 'cutting' a young player under contract allows teams in some order (usually the previous years reverse ranking) can place a claim within a set period of time (24-48 hours.) If one or more teams make a claim, the player contract is assigned to the highest team on the ranking to make a claim. If no claim is made, the player becomes a free agent and can sign with any team. If there is any guaranteed money in the contract a waiver claim moves the guaranteed money to the new team, if no claim is made the guaranteed money is still on the original teams books. [/QUOTE]