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Anytime a player is a DFA, he goes through waivers the moment he is removed from the 40-man. Much like in OOTP17, 72 hour window to claim the player. There is no "We will DFA John Doe and spend a week deciding what to do before he has to go on waivers." The player goes on waiver the moment this happens.
The only issue here is if they decide to bring him back then want to send Fryar back to Memphis after August 1st. He'd have to go through waivers AGAIN.
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