Voluntary Retired List
A player who submits written notice of retirement while under contract to a club or while under club control can be placed on the Voluntary Retired List.
A player on the Voluntary Retired List does not get paid while on the list, does not accrue service time, and does not count against the club's Active List or Reserve List.
A player on the Voluntary Retired List must spend at least 60 days of the regular season on the list before he can apply for reinstatement. If the player is placed on the Voluntary Retired List within 60 days of the conclusion of the regular season, the balance of the 60 days would carry-over into the next season.