There are few things in hockey as potentially frustrating and confusing as the waiver process. The waiver wire dominates a ton of discourse around hockey operations departments, and the CBA portion dedicated to it is very long, complex, and detailed.
It’s time to weave our way through Article 13: Waivers and Loans of Players to Minor League Clubs.
Let’s get this out of the way: One-way and two-way contracts have nothing to do with waivers. They just refer to whether a player makes a different salary at the NHL or AHL levels.
For the sake of clarity, “minors” here refers to the AHL.