The cuts, final roster, p-squad - 2014

[Nconroe]

found this also on eHow -

From early July through December, the claiming period lasts for just 24 hours.

If two or more teams claim a player, the team with the higher priority in the waiver system gets the player.

Read more : http://www.ehow.com/list_6640183_nfl-waiver-rules.html

Does seem like quite an advantage with free agents, we shall see.