Waddell's playing career included stints with teams such as the Toledo Goaldiggers in the International Hockey League (IHL) and the Flint Generals. His time on the ice was characterized by a solid defensive presence, though he never made it to the National Hockey League (NHL) as a player. Despite this, his understanding of the game and leadership qualities were evident, setting the stage for his transition into management and executive roles within the sport.
After hanging up his skates, Waddell shifted his focus to coaching and management. He took on the role of head coach and general manager for the Flint Spirits in the IHL, where he began to develop his skills in team management and player development. His ability to evaluate talent and build competitive teams did not go unnoticed, and he soon found opportunities at higher levels of the sport.
Waddell's career took a significant turn when he joined the NHL's Detroit Red Wings as an assistant general manager. This role allowed him to gain valuable experience in the operations of an NHL team and further refine his management acumen. His tenure with the Red Wings was a stepping stone that led to his appointment as the general manager of the Atlanta Thrashers in 1998.
As the general manager of the Thrashers, Waddell faced the challenge of building a new franchise from the ground up. He was responsible for assembling the team's roster, scouting talent, and making strategic decisions to guide the team in its formative years. Under his leadership, the Thrashers made their first playoff appearance in the 2006-2007 season, a milestone for the franchise.
In addition to his work with the Thrashers, Waddell also contributed to USA Hockey. He served as the assistant general manager for the United States men's national ice hockey team during the 2006 Winter Olympics. His involvement in international hockey provided him with a broader perspective on the sport and allowed him to work with some of the best talent in the world.
After his time with the Thrashers, Waddell continued to be involved in hockey management. He joined the Carolina Hurricanes organization, initially serving as the president of Gale Force Sports & Entertainment, the parent company of the Hurricanes. In 2018, he was named the general manager of the Hurricanes, a position that allowed him to once again shape the direction of an NHL team.
Under Waddell's management, the Hurricanes experienced a resurgence, making multiple playoff appearances and becoming a competitive force in the league. His strategic decisions in player acquisitions, trades, and draft picks played a role in the team's success during his tenure.
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