What are waivers?
Waivers are the process by which owners can select from the pool of available players who are not on a team's roster in the league. Owners can put a claim in for a player, but must wait a specified amount of time until the waiver clears. The team wins any pending waiver claim will receive the player when waivers clear. All available players not on Waivers are considered Free Agents ("FA") and can be added at anytime. In custom leagues there are three types of waivers settings (player acquisition systems):
- Waivers: This is the traditional waivers system and is the default setting. All unowned players will be set as 'On Waivers' immediately after the draft, each week of play or if dropped from another team's roster. Players on waivers will remain so for a set period of time (1-2 days), during which all teams will have the opportunity to make a claim on any player. When the waiver period expires (which usually takes place around 4AM ET), the player will be awarded to the team with the highest waiver priority that made a claim, and that team will move to the end of the waiver order. This process continues until all players with claims on them process. At this time all players not added via waivers become free agents which can be claimed by any team on a first-come, first-served basis.
- Free Agent Auction Bidding: If selected, teams will have a specific budget with which they can make player acquisitions during the season, and all acquisitions will be processed in batches one or more times each week. If a team would like to add a player, that team will secretly bid a certain amount. On the next waiver process day, the team with the highest amount bid will be awarded the player, and the bid will be subtracted from that team's budget. Note: the default budget for FAAB is $100/team. This can be changed to any amount between $10 and $1000.
- No Waivers: All players will immediately become free agents after the draft or after being dropped from a team's roster. Most teams choose to use a waiver period to make player acquisitions more fair, but this setting may be chosen if you prefer to allow roster additions of all players at any time. Note that if your league has already drafted and you switch to this setting, any players who are already on waivers will remain on waivers until the following day, at which time waiver will process and all unclaimed players will become free agents.