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Basically we have everyone in the opposite order of how they drafted. Then pick a certain time every week (Presumably the weekend from Smackdown to Raw) and people put in "waiver claims" if they want to pick up a free agent. Then, after Raw every week, the highest ranked person on the waiver wire who put in a claim for someone gets them. They also go to the back of the line.
For example, say Sin Cara makes a surprise return on Smackdown. If we just use regular free agency, someone reads the spoilers on Tuesday and picks him up and the non-spoiler readers are fucked. Or just getting to the computer in time is an advantage.
This way Lock Jaw, who drafted last is now #1 on the waiver wire while mike adamle is #10. If they both put in a claim for him Lock Jaw gets him but he then moves back to #10.
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