The Difference Between Being Waived and Being Released

[Ridgewaycynic2013]

4 hours ago, JerseyBills said:

That was my user name on the old BBMB 

Ok, BBMB member 'That'. 🤔

[JerseyBills]

33 minutes ago, Ridgewaycynic2013 said:

Ok, BBMB member 'That'. 🤔

He def stole my UnBillievable name from there 😂

[Mr. WEO]

wave:

 

 

release:

 

[Utah John]

Here's a related question.  If a player has guaranteed money in his current contract, and the team waives him, the player takes that contract with him if he's claimed from the waiver wire.  Which team is responsible for the guaranteed money?  

 

If the player is released (a four year player) his contract is ended.  I assume the team that cut him is responsible for paying any guaranteed money in future years.

[cba fan]

On 9/2/2021 at 7:22 PM, Utah John said:

Here's a related question.  If a player has guaranteed money in his current contract, and the team waives him, the player takes that contract with him if he's claimed from the waiver wire.  Which team is responsible for the guaranteed money?  

 

If the player is released (a four year player) his contract is ended.  I assume the team that cut him is responsible for paying any guaranteed money in future years.

team he signed the contract with the guarantee is responsible.

 

Unless he has offset language in the contract then it depends on those details. Offset does not matter to team acquiring. They sign him for what they both agree to then if offset language some of that money could go to the team the player had just been on.