Can someone explain the waiver system to me so I have a chance this year?
Players go on waivers (i.e. the Waiver Wire) when they enter your league's available player pool. This can occur:
a) When a fantasy team drops a player.
b) When a new player has been added to our database.
c) When a player has been traded from a pro team (MLB, NFL, etc.) that's not in your league's player pool to a team in your league's player pool.
d) When you (the Commissioner) execute the function to automatically waive all available players (Commissioner --> All Options --> Waive All Players), or when players are set to automatically be waived on specific days/times (this is an option you can configure below).
Once a player has gone on waivers, he will follow the Waiver Wire rules that you configure below. After waivers have been processed, if a player on waivers (who was due to be processed at that time) has not been claimed by a fantasy team, he will become a Free Agent, and follow the rules you have configured in the Free Agent section above.
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The Waiver order if based off reverse order of standings & reconfigures every Sunday night. (If you're in 1st place & I'm in last and we both put in a waiver request for the same player, I'll be awarded the player).
Waivers will be processed on every Tuesday at 7pm ET. After that date & time, all available players become free agents and are first come, first serve.
I know last season we had a couple issues with the waivers processing & I had to force them to be processed, so we'll see how it goes.