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Waivers (American Football)
Waivers are a National Football League (NFL) labor management procedure by which a team makes an American football player's contract or NFL rights (such as NFL draft The NFL draft, officially known as the Annual Player Selection Meeting, is an annual event which serves as the most common source of player recruitment in the National Football League. Each team is given a position in the drafting order in reve ... rights to an unsigned player) available to all other teams. How It Works During the season (starting July 4 and lasting through the regular season), each team has 24 hours to file a claim for a player that another team has made available through the system or waive the right to do so. During the off season each team has several days to file such claims. Claiming teams are assigned the rights to or contracts via a priority system based on inverse order of record. Players that clear waivers, meaning they pass through the waiver period unclaimed, become free agents. ...
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National Football League
The National Football League (NFL) is a Professional gridiron football, professional American football league in the United States. Composed of 32 teams, it is divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins annually with a NFL preseason, three-week preseason in August, followed by the NFL regular season, 18-week regular season, which runs from early September to early January, with each team playing 17 games and having one Bye (sports), bye week. Following the conclusion of the regular season, seven teams from each conference, including the four division winners and three Wild card (sports), wild card teams, advance to the NFL playoffs, playoffs, a single-elimination tournament, which culminates in the Super Bowl, played in early February ...
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American Football
American football, referred to simply as football in the United States and Canada and also known as gridiron football, is a team sport played by two teams of eleven players on a rectangular American football field, field with goalposts at each end. The offense (sports), offense, the team with possession of the oval-shaped Ball (gridiron football), football, attempts to advance down the field by Rush (gridiron football), running with the ball or Forward pass#Gridiron football, throwing it, while the Defense (sports), defense, the team without possession of the ball, aims to stop the offense's advance and to take control of the ball for themselves. The offense must advance the ball at least ten yard, yards in four Down (gridiron football), downs or plays; if they fail, they turnover on downs, turn over the football to the defense, but if they succeed, they are given a new set of four downs to continue the Glossary of American football#drive, drive. Points are scored primarily b ...
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NFL Draft
The NFL draft, officially known as the Annual Player Selection Meeting, is an annual event which serves as the most common source of player recruitment in the National Football League. Each team is given a position in the drafting order in reverse order relative to its record in the previous year, which means that the team with the worst record is positioned first and the Super Bowl champion is last. For teams that had the same record, their position in the draft order for each round rotates in some way amongst the teams with tied records. From this position, the team can either select a player or trade its position to another team for other draft positions, a player, or players, or any combination thereof. The round is complete when each team has either selected a player or traded its position in the draft (sports), draft. The first draft was held in 1936 NFL draft, 1936 and has been held every year since. Certain aspects of the draft, including team positioning and the number ...
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Waive
A waiver is the voluntary relinquishment or surrender of some known right or privilege. A waiver is often written, such as a disclaimer that has been accepted, but it may also be spoken between two or more parties. When the right to hold a person liable through a lawsuit is waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause. In some cases, parties may sign a "non-waiver" contract which specifies that no rights are waived, particularly if a person's actions may suggest that rights are being waived. This is particularly common in insurance. Sometimes the elements of "voluntary" and "known" are established by a legal fiction. In this case, one is presumed to know one's rights and that those rights are voluntarily relinquished if not asserted at the time. In the United States, regulatory agencies of state departments or the federal government may issue waivers to exempt companies from certain regulations. For example, ...
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Free Agent
In professional sports, a free agent is a player or manager who is eligible to sign with other clubs or franchises; i.e., not under contract to any specific team. The term is also used in reference to a player who is under a contract at present but who is allowed to solicit offers from other teams. In some circumstances, the free agent's options are limited by the league's rules. Free agency was severely restricted in many sports leagues, instead clubs had a reserve clause which allowed them to retain players indefinitely. Usage Association football In professional association football, a free agent is either a player that has been released by a professional association football club and now is no longer affiliated with any league, or a player whose contract with their current club has expired and is thus free to join any other club under the terms of the Bosman ruling. Free agents do not have to be signed during the normal transfer window that is implemented in some ...
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No-trade Clause
In professional sports within the United States and Canada, a trade is a sports league transaction between sports clubs involving the exchange of player rights from one team to another. Though player rights are the primary trading assets, draft picks and cash are other assets that may be supplemented to consummate a trade, either packaged alongside player rights to be transferred to another team, or as standalone assets in exchange for player rights or draft picks in return. Typically, trades are completed between two clubs, but there are instances where trades are consummated between three or more clubs. NHL trades only involve players who are under contract with their current teams or RFA players whose rights are owned by the team; free agent players, whose contracts have expired (July 1), cannot be traded by their former teams, and are free to join a different team. In Major League Baseball, a player to be named later can be used to finalize the terms of a trade at a later da ...
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