NHL Waiver Rules After Trade Deadline
When an NHL player is announced to be placed on waivers, other teams can claim him within 24 hours. If the player is not claimed by any teams, he can be assigned to the respective team's minor league affiliates.
That being said, it is not necessary for the teams to send the players to the minor leagues. In case the player is not claimed by other franchises, the team itself can keep the player.
However, if a player is placed on waivers before November 1 and is claimed by more than one team, the player will go to the team that stands at a lower position in the previous season.
It is meant to say that, the team standing at last in the previous NHL season has the opportunity to claim the particular player on the waiver.
When is the Waiver period?
Waivers are effective 12 days prior to the start of the regular season. They last until the day after a team's regular playing season.
For example: the Florida Panthers' playoff began on April 17, 2023. The waiver period for the Panthers would then last till April 18.
Who is Placed on Waivers?
A team keeps a player on the waiver based on the combination of the age at which he signed his first NHL contract, his tenure in the league, and the number of games played.
Waiver eligibility is different for goaltenders and skaters. Skaters shall be put on the waivers earlier than the goaltenders.
Usually, the player signing his first contract earlier is exempted from the waivers.
What Does it Mean to Clear Waivers In NHL?
When a team places a player on the waiver and none of the NHL franchises claim him, the player will then report to the minor league. This is termed a "clear waiver" in the NHL.