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Old November 17th, 2006, 08:36 AM   #1
Nittany Dodgers
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Default Waive Najeh Davenport 2 yrs @ 275

He was previously claimed off waivers, so it should just be a 10% hit for this year and next.
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Old November 17th, 2006, 08:41 AM   #2
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Default Re: Waive Najeh Davenport 2 yrs @ 275

Quote:
Originally Posted by Nittany Dodgers
He was previously claimed off waivers, so it should just be a 10% hit for this year and next.
Better yet, there's no signing bonus penalty since it was paid by the team that previously waived the player. I just double checked the rules to make sure.

Quote:
The Waiver Wire
Each player waived will be placed on the waiver wire for a period of 24 hours during In Season Free Agency, and 72 hours during Off Season Free Agency. During this period, each team will have the opportunity to claim the waived player and assume his current contract without the player reaching Free Agency. During the appropriate waiver wire period, each interested team must post in the thread indicating the player was waived, their intention to claim said player. At the end of the waiver wire period, the team with the highest current waiver priority (as defined later) will assume the players current contract. The claiming team will have the standard 24 hours from the time of the claim to make room on their roster, before Roster Penalties will be enforced. In that case, the team with the second highest waiver priority will assume the players contract. If no teams make a claim for a waiver player within the waiver period, the player is considered an Unrestricted Free Agent.



If the waived player is claimed, the waiving team receives a credit in the amount of 10% of the current year’s salary (the portion of the cap hit that does not pertain to the signing bonus) to their active roster salary cap. If the claimed player is subsequently released during the length of the same contract, the waiving team will receive a cap hit of only 10% of the current years salary, as the singing bonus is to be considered paid by the original team. If the player is claimed through the waiver wire, the second waiving team will receive the 10% cap credit, and essentially no penalty for releasing the player.


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