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For Example: Choose in the Setup > Select Packaged Waiver Rules: Advanced Request 1

“Waiver Request from kickoff of the first game of the week through Thursday midnight ET.

Then first come, first served through kickoff of the first game of the following week.

Waivers end on week 17 kickoff.”

Use this setup screen to define parameters for your waiver (pickup and drop)  transactions.  Note that these items will only appear if they have been enabled for at least one franchise on the Abilities Setup screen.

Once a Player is Dropped, he is Locked Until - A locked player is unavailable to be picked up or requested (via a waiver request or blind bid).

The player is not locked - Select this option if you don't want recently dropped players to be locked at all.  Using this option, all players (recently dropped as well as true free agents) are treated in the same way.  They are all subject to your league's waiver rules.  For example, if player A is a free agent and player B has been recently dropped, a league that uses a Waiver Request, Blind Bid Request, or FCFS waiver period will treat these two players in the exact same manner.

The next time waiver are processed - Choose this option to lock the recently dropped players until the next time waivers are processed (this is the most common and easiest option).

X days later - A recently dropped cannot be acquired or requested/bid on by any franchise until the specified number of days (you can also enter in a fraction of a day where 1 hour = 1/24th day = 0.0417 and 3 hours = 1/8th day = 0.0125)

A specific future date & time - A recently dropped cannot be acquired or requested/bid on by any franchise until the specified future date/time has passed.

Using any of these latter three options will allow for enabling the "Allow owners to submit requests for recently dropped players..." setting below.

Separate Waiver & True Free Agent Requests - Available only if one of the latter three options in the above "Once a Player is Dropped..." setting has been selected.  When enabled (defaults to "No"),  this setting allows recently dropped players to be handled differently than true free agents.  For example, if player A is a free agent and player B has been recently dropped, a league that uses a Waiver Request or Blind Bid Request waiver period will allow for requests to be made for player B (For Owners > Waivers screen) while player A can be acquired via FCFS (For Owners > Acquire Free Agents screen).

Waiver Limit Per Season - Enter an integer value here to restrict the number of waiver moves any franchise can make in a single fantasy season via the For Owners > Waivers screen.  If the "Separate Waivers..." setting above is enabled, this is a total of waiver request and blind bid request acquisitions.  If disabled, this value is a total of waiver request, blind bid request, and FCFS acquisitions.

Waiver Limit Per Week - Enter an integer value here to restrict the number of waiver moves any franchise can make in a single fantasy waiver week (the period from kickoff of the first game of a week through the kickoff of the first game of the following week) via the For Owners > Waivers screen.  If the "Separate Waivers..." setting above is enabled, this is a total of waiver request and blind bid request acquisitions.  If disabled, this value is a total of waiver request, blind bid request, and FCFS acquisitions.

Free Agent Limit Per Season - Available only if the "Separate Waivers..." setting above has been enabled.  Enter an integer value here to restrict the number of free agent moves any franchise can make (via the For Owners > Acquire Free Agents screen) in a single fantasy season. 

Free Agent Limit Per Week - Available only if the "Separate Waivers..." setting above has been enabled.  Enter an integer value here to restrict the number of free agent moves any franchise can make in a single fantasy waiver week (the period from kickoff of the first game of a week through the kickoff of the first game of the following week) via the For Owners > Acquire Free Agents screen.

Prevent Owners From Waiver/FA Moves - Enable this option to disallow owners from making any FCFS Waiver or Free Agent moves between kickoff of each player's game through the end of the last game of the week (usually the MNF game).

When finished, you MUST click on the Save Waiver Setup button in order to apply your changes.