Question About Waivers

[Curmudgeon]

I understand that if a team trades away a player who is subsequently waived, that team can't resign the player until the first anniversary of the trade.

Suppose a team waives a player who then clears waivers and signs with another team for the remainder of the season as a free agent. The other team then lets him go at the end of the year, so the player becomes an unrestricted free agent again. Does the original waiving team also have to wait a year to resign the player in that scenario? If so, when does the one-year period begin to run?

[MarkDeeks]

The one year period isn't just a one year period. It is either one year, or until the end of the waived contract, whichever is earlier. So if that player's original contract expired in the same summer that that new one did, then yes, they can.

[DBoys]

I don't think any of the above is true.

In theory, there is a "one year" waiting period on the books. But, not really. The wait is only until the next NBA year begins, so for practical purposes once the July moratorium ends he can be signed by anyone.

Contract length only is a factor in an amnesty waiver.

[MarkDeeks]

http://www.cbafaq.com/salarycap.htm#Q64

When a team trades a player who is subsequently waived by the receiving team, it cannot claim the player off waivers or re-sign the player until the one-year anniversary of the trade, or until the July 1 following the end of his contract4, whichever is earlier5.

[answerthink]

And Art VII, Sec 8(h)

[DBoys]

Oops, I stand corrected. Thanks. And now that I think about it, I recall the Lamar Odom restriction that impacted his ability to possibly rejoin the Lakers.

[Curmudgeon]

What if there is no trade? How does Section 8(h) apply then? If the player is simply waived, in which case there is either a buyout or the team pays the player until June 30. In either event, the team's financial obligations are extinguished. So does that mean they can get him right back after the quiet period?

[MarkDeeks]

...

[DBoys]

What if there is no trade?

Then he's a free agent and available to be signed by any of the 30 teams, subject to the rules limiting when players can be signed.