What action does a team have the right to take after terminating a player's contract?

When a team terminates a player's contract, it has the right to set off against the player’s salary. This means that the team can deduct any amounts owed to them from the player's future earnings. This action is typically taken if the player has breached any terms of the contract or if there are salary cap implications that allow for such deductions.

Although a team cannot immediately re-sign the player after termination due to potential salary cap violations, they can pursue other contractual steps in relation to the terminated agreement. Furthermore, claiming a player from another team would not typically avail following a termination, as this pertains more to free agency and waivers rather than direct contract termination.

Thus, the ability to set off against the player’s salary reflects a significant and strategic leverage the team retains even after terminating the player's contract, maintaining financial and operational control within the league's regulations.