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Liability waiver. A liability waiver is a legal document that a person who participates in an activity may sign to acknowledge the risks involved in their participation. By doing so, the company attempts to remove legal liability from the business or person responsible for the activity.
Sports law in the United States overlaps substantially with labor law, contract law, competition or antitrust law, and tort law. Issues like defamation and privacy rights are also integral aspects of sports law. This area of law was established as a separate and important entity only a few decades ago, coinciding with the rise of player-agents ...
Waivers (sports) In North American sports contracts, waivers is a type of player transaction. A player under contract to a team is placed on "waivers" for a specified period of time; during this time other teams may submit a claim for that player's contract. Based on a priority system, the team with the highest priority earns either the right ...
Designated for assignment (DFA) is a contractual term used in Major League Baseball (MLB). [2] A player who is designated for assignment is immediately removed from the team's 40-man roster, after which the team must, within seven days, [a] return the player to the 40-man roster, place the player on waivers, trade the player, release the player ...
Waivers (NHL) Waivers is a National Hockey League (NHL) labor management procedure by which an NHL team makes a professional ice hockey player's contract and rights available to all other NHL teams. Other NHL teams "waive" any claim to a player designated for assignment in the American Hockey League (AHL) or designated for release.
Redshirt (college sports) Redshirt, in United States college athletics, is a delay or suspension of an athlete's participation in order to lengthen their period of eligibility. Typically, a student's athletic eligibility in a given sport is four seasons, aligning with the four years of academic classes typically required to earn a bachelor's ...