they intend to buy-out a player's rights under the terms of the CBA by submitting the player through unconditional waivers. These waivers can only be requested during two periods: Between June 15, or 48 hours after the conclusion of the Stanley Cup Final series if it ends later, and June 30 of each year. If a club has team- or player-elected salary arbitration cases, within 48 hours of the last arbitration award or settlement of the last arbitration case prior to the arbitration hearing. Such a player must have been on a club's 90-player reserve list at the previous trade deadline. Use of waivers in salary cap era Salaries of players playing for an NHL team count against its salary cap, while the salaries of players playing for a team's minor league affiliates do not. NHL teams have waived players with high salaries, thereby freeing up salary cap space for other signings. In 2010, Wade Redden of the New York Rangers, Sheldon Souray of the Edmonton Oilers and Jeff Finger of the Toronto Maple Leafs were all assigned to their team's AHL affiliate without any other team putting in a claim. In a more interesting case, following the 2011 NHL pre-season, forward Sean Avery of the New York Rangers was waived to the AHL. As Avery had been claimed off re-entry waivers from the Dallas Stars, the cap hit had been split between the Rangers and Stars, but when Avery was demoted to the AHL again, the cap hit came off both teams' books. As a result, the Stars, who had been using Avery's re-entry waiver loss to reach the salary floor for the season, had to trade for winger Eric Nystrom to reach the salary floor. Under the 2005 CBA, if an NHL player is being sent to an NHL affiliate team in the AHL and is put through waivers and clears successfully, then his salary will not count against the respective NHL team's salary cap. The player is still paid his full salary. There is an exception to this rule; if the player has a contract that took effect after a player's 35th birthday, then that player's salary would still count against the NHL cap. Under the 2013 CBA, a team only derives a specific savings from demoting a player on a one-way contract to the AHL. This savings is calculated as league minimum plus $375,000. If a