Chris Chelios signed with the Atlanta Thrashers on Tuesday, but he'll stay with the Chicago Wolves if he clears waivers Wednesday, according to an ESPN.com report. "Chris has been tremendous for us in Chicago in this year, especially with our young players," Thrashers GM Don Waddell told ESPN.com. "As we enter this March drive towards the playoffs, you can never have enough depth at defenseman, especially with the experience Cheli brings to the table. "Our plan is that if he clears waivers, we'll leave him in Chicago. If we run into injuries or if we need a change, he's available to us." ESPN.com's Pierre LeBrun reports Chelios, 48, signed a two-way NHL contract that pays him $700,000 in salary in the NHL and $105,000 in the AHL.