- Feb 23, 2014
- 26,826
- 83,586
If a guy was good enough to be stolen, a team wouldn't waive him. It's a non-issue. It's almost always non-NHLrs, fringe NHLrs, or guys teams want to get rid of.
If the Owners had their way, there would be no waivers and they could do as they choose. The players (and players union), want to make sure that IF a player is NHL ready, a team can't keep him from making a good living indefinitely. Imagine if you were a good enough player to play in the NHL, but your team was stacked at your position so they kept you in the minors for 7 years, earning a minor league salary. This prevents that, and IMO, that's a good thing.
The owners benefit from the waivers though when they want/need to buy someone out. The buyout bait needs to clear waivers before he can be bought out, and if he gets claimed then the whole sorry contract is on someone else's books and doesn't keep counting against your cap for 1/3 or 2/3 (26+ y.o.) of the remaining worth divided to 2 x the remaining duration. Plus obviously millions of the actual money that doesn't need to be paid by you.
[insert joke about wiping Semin off the books here]