What is the difference between waiving a player and releasing a player?

Question

What is the difference between waiving a player and releasing a player?

Answer 1

when you release a player you have to pay him the rest of his contract until he signs with a new team. when you wiave a player another team cab get him and pay him the same contract he had with the old team

Answer 2

When a player is waived, every team has a chance to claim him and purchase the contract at the waiver price. If no team claims him, in theory the player could be returned to the roster, but in practical terms the next step is unconditional release. That means the old contract is no longer valid, and the player is free to start over when any other team in the league.

Answer 3

None-------They are both unemployed.