He currently plays for Claremont in the West Australian Football League.
After various health and injury issues, including glandular fever and a post-viral fatigue illness, he was delisted at the conclusion of the 2016 season.
At the conclusion of the preseason he was signed by Essendon as pre-season supplemental selection.
He collected 12 disposals and 2 goals in a huge 75 point win for the club.
On June 9, 2021 Essendon announced that Waterman had agreed to a one-year deal to remain on the rookie list for the 2022 season.