For administrative purposes, item number 2 in the rule changes from the waiver meeting has the bold, capitalized item added to it:
2- Drop Player: Now when you drop a player, his salary is 1/2 of what it once was. example: I drop a player who is 3M and get back 1.5M. In the old scenario, bidding on this player would start at 3M, but now it starts at 1.5M. Note – if a player under $1,000,000 in price is dropped, the new salary will not be set at anything lower than $500,000. Even if you drop a $500,000 player, his price will remain at that. The 1/2 rule really only applies, therefore, to players whose salary is above $1,000,000. IMPORTANT DETAIL: ALL PLAYER DROPS GET YOU 50% OF THE PRICE OF THE PLAYER. THE PLAYER IS THEN RE-LISTED AT THE NEAREST $10,000 VALUE, NOT NECESSARILY EXACTLY 50%.