I was wondering about Re-Entry Waivers

If a player gets picked up through re-entry waivers does the team pick up half of his salary for that year or the remainder of his contract? If anyone can help, Thanks!:shakehead

I'm fairly certain that it is the remainder of the contract.

Really? I thought it was just that year. But I'm no salary cap guru. Maybe obobo would know.

I think it's only for the rest of the year, but like everyone else, I'm not sure.

Rest of the contract according to CBA's section 50.9g

(ii) To the extent the Player does require Waivers to be Loaned to a minor league affiliate, he cannot be Loaned or recalled without first clearing regular Waivers, and then cannot be Recalled to the NHL parent Club during the same League Year without also clearing a new Re-Entry Waiver procedure, pursuant to which the Player can be claimed by another NHL Club for fifty (50) percent of the contract's remaining amounts to be paid, with the balance to be paid by and charged to the waiving NHL Club (both amounts to be counted against each Club's Upper Limit, Actual Club Salary and Averaged Club Salary, and counted against the Players' Share);

So in essence if we ship Marchant to Portland and decide to call him up again, another team can snatch him and we're on hook for 50% of Marchant's salary next season as well.