ranger001 wrote: e.g. can that player be traded immediately
No.
Per
http://www.cbafaq.com/salarycap.htm#Q65:
“If a team claims a player on waivers, it cannot trade the player for 30 days if the claim was made during a season. If the player was claimed during the offseason, he cannot be traded until the 30th day of the following season.”ranger001 wrote: or re-waived after a week say.
When a successful waiver claim is made for a player, it seems that the receiving team can immediately initiate the waiver process for that same player. However, the receiving team would have to pay a $1,000 fee to claim the player off waivers and they would also be responsible for paying the player’s remaining salary on the original contract (assuming a third team doesn't claim the player off waivers). So it would be a charity to the league office and the original team’s payroll with no benefit to the receiving/re-waiving team.
ranger001 wrote: Are there any restrictions on players claimed off waivers?
Per
http://www.cbafaq.com/salarycap.htm#Q65:
“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 contract, whichever is earlier.For contracts with options or ETOs, the end date of the contract is interpreted as the June 30 before an option year, and the June 30 after an ETO year. ranger001 wrote: Can he be traded back to his original team?
Depends if the league will block a trade involving a third team by citing circumvention of the CBA.
Per
http://www.cbafaq.com/salarycap.htm#Q65:
“Interestingly, by the letter of the rule a player could be traded to a third team, waived by the third team, and be eligible to re-sign with his original team before the waiting period expires. However, the league likely would disallow such signing per the general prohibition on circumvention if this was done in order to circumvent the rule.”