2023 Ravens Roster: Wednesday's Waiver Wire process, rules, and deadlines explained

The deadline for submitting the regular-season rosters is gone and the Baltimore Ravens along with all other 31 NFL franchises already published their first official 53-man squad for the 2023 regular season.

With Tuesday and more than 30 cuts trimming the 90-man roster on the rearview mirror, it's time to look ahead starting with Wednesday's waiver period.

Here is everything you need to know about what's next for the Baltimore Ravens and all other NFL franchises on Wednesday, Aug. 30, as we reach the Waiver Wire deadline.

Cut Players: The difference between getting Waived or Released

During the past few days, NFL franchises have been cutting players in two different ways: either waiving them or releasing them.

Released players are those who have 4+ years of NFL experience, and thus they don't have to go through waivers as their contract is terminated and they become straight free agents who can sign with any franchise they want to that offers them a deal.

Waived players, on the other hand, are players with less than four seasons of accrued experience. These players need to clear waivers in order to re-sign with the franchise that cut them, and if they clear them then they retain their prior contract as it was initially.