On the surface, it seems like waiving for the expansion draft is a single-use waiver, and the contract remains unchanged. If that is the case, Vegas might not show any interest in such players since they can’t easily flip them to new teams.
Additionally: The clause can travel with the player even if he consents to being traded or is claimed on waivers
This requires that the acquiring team sign an addendum to the contract ensuring that the clause does in fact travel with the player (written by the player's agent)
If the acquiring team refuses to sign the addendum, and the player waives his clause anyway, at that point the clause may be nullified
* If the player is traded before the clause takes effect, the acquiring team can opt to void the clause
Re: Expansion Draft Musings
On the surface, it seems like waiving for the expansion draft is a single-use waiver, and the contract remains unchanged. If that is the case, Vegas might not show any interest in such players since they can’t easily flip them to new teams.
Additionally: The clause can travel with the player even if he consents to being traded or is claimed on waivers
This requires that the acquiring team sign an addendum to the contract ensuring that the clause does in fact travel with the player (written by the player's agent)
If the acquiring team refuses to sign the addendum, and the player waives his clause anyway, at that point the clause may be nullified
* If the player is traded before the clause takes effect, the acquiring team can opt to void the clause