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Players that clear waivers, meaning they pass through the waiver period unclaimed, become free agents. Waiver claims are irrevocable. NFL clubs are prohibited from contacting waived players until the player has been released by the club after passing waivers.

A waiver refers to an intentional and voluntary act of relinquishing or abandoning a right, privilege, claim, or legal benefit, often in a written statement. In terms of insurance, a waiver has many applications, such as provisions waiving coinsurance in property insurance or premiums in life insurance.

When you sign a waiver, you're voluntarily giving up a privilege or legal right. A waiver is often required before you participate in something dangerous. If you decide to go skydiving, you might have to sign a waiver agreeing that you won't sue the skydiving company if you get injured.

If no team waives a claim on the player then they are said to have ?cleared waivers?. This means that no other teams tried to acquire you while on waivers and the player is a ?free agent.?

Waiver Overview Waivers process daily sometime between 3 am to 5am ET. Once that time has passed, they either clear waivers, meaning no one has claimed them, or they enter the free-agent pool. The unclaimed players can now be acquired on a first-come, first-serve basis, without affecting your team's waiver position.

Used to describe a process by which a player is removed from a team and is made available to be chosen by other teams. He was placed on waivers.

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If no team claims a player off waivers after three business days, the player has cleared waivers and may be assigned to a minor league team, traded (to any team), or released outright.