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. They may have been undrafted or dropped by owners. Owners can put a claim for that player, but must wait a specified amount of time until the waiver clears. The team that puts a claim on a player and has the better waiver priority number (closest to "1") will receive the player when waivers clear. An option of having waivers turned off is available as well. All available players not on Waivers are considered Free Agents.
FREE AGENT / WAIVER ACQUISITIONS LIMIT
The League Manager has the option of choosing the number of player acquisitions that a team is allowed through free agency or waivers during the season. This setting can be changed by the League Manager at any time during the season.
No Limit - Default setting. If selected, there is no limit to the number of players a team can add or drop. None Allowed - If selected only the League Manager can add players to teams. Limited - A specific number of transactions is selected (i.e. 5, 10, 15, 20). Once that number of transactions has been reached the team will not be allowed to add any players to their team.
If Waivers are used, owners must wait until the time that a player spends on waivers elapses before the waiver claim is processed. If the player on Waivers is not selected and the waiver period expires, he automatically becomes a free agent. This setting can be changed by the League Manager at any time during the season.
NOTE: If a player is dropped during the week (i.e. on Thursday afternoon), the player will be listed on waivers for the set length of total days set in your league rules. For example, suppose your waiver period is set for 1 day. This means the waiver will process at the next waiver processing that is at least a full 24 hours (1 day) later. So, if you drop a player at 8 p.m. ET on Thursday, your waiver will run on or about 3 a.m. ET Saturday - the next scheduled running of waivers that is at least 24 hours past the time the player was dropped.
No Waivers - If selected, players will NEVER be moved to waivers. Rather, all available players are always free agents. 1 Day 2 Days - Default setting. 3 Days 4 Days
NOTE: Any waiver claims which are pending at the time the Waiver Period rule is changed, will be grandfathered and changed for players moved to waivers moving forward.
WAIVER SYSTEM (In-season)
In Custom Leagues the waiver order during the season determines who has the first chance to claim a player on waivers.
Move to last after claim, never reset order The team which makes the most recent pickup is automatically moved to the last slot.
HOW THE WAIVER ORDER IS DETERMINED AFTER AN AUCTION DRAFT
The team with the most money remaining after auction draft is complete will get the "better" waiver position. If two or more teams are tied with money remaining, the team that finished their roster first will get the "better" waiver position.
CUSTOM LEAGUE FREE AGENCY AUCTION BIDDING
Bring the auction experience to your free agent list. A free-agent acquisition budget (FAAB) is used in blind auctions open to every team within the league. League Managers can select this option via a radio button in the "Transaction and Keepers" tab of the league setup process.
In an auction bidding environment, players who are not selected in the league draft, players who are dropped and players added to the player pool during the season become FAAB-eligible for the timeframe set by the League Manager. However, instead of placing a traditional waiver claim, an owner places a bid they feel is appropriate based on a player's value. The LM assigns the pre-determined budget of each team for FAAB bidding over the course of the season. During the bidding period, team owners may bid at any time before the deadline. In a FAAB bidding environment, the only way players can be picked up is through the FAAB bidding process, and there are no first-come, first-served pick-ups. The bidding process is an open process and there is no sequence for the bids. Team owners may bid at any time during the waiver period, before it expires.
In the event of bids of equal amounts for a player by two or more teams (a tie), the lowest-ranked team in the year-to-date standings will receive the player. During the bidding period, no team can see any other team's bids or bid amounts. All teams can view FAAB bidding results after bids are processed, either on the league home page or in waiver reports. Additionally, all teams can view other teams' budget balances on each team clubhouse and waiver order pages.