The NFL preseason is moving to Week 4 and that means roster cut downs and more and now that teams are releasing players, franchises are looking for depth and areas of need as injuries come up.
Here is a look at the waiver rules and the official deadline for 75 players on rosters is Tuesday at 4 PM.
From ESPN.com:
The Waiver Wire works like this:
Team A signs Player X to a contract
Player X makes the roster and is on the team during the regular season
Team A decides it no longer wants Plaer X on its roster
Team A terminates the players contract, releasing him from his duties
Before Player X becomes a free agent, he hits the Waiver Wire
When his name goes on the waiver wire, every team in the NFL has the option to pick up the players original contract (the one Player X originally signed with Team A)
The Waiver Wire is like the NFL Draft in that teams with the worst records get first crack at the players who have been released
Once a team passes on the player then they cannot go back and claim him
If no team signs the player, then he becomes an unrestrictd free agent.
