The team said Emery, who has yet to play this season, would be placed on waivers on Monday, with the intent of assigning him to Syracuse of the AHL once he clears waivers at noon ET on Tuesday.
A source told ESPN.com's Pierre LeBrun the two-way deal is worth a minimum of $500,000 at the NHL level.
"Ray Emery has been a solid NHL netminder for several years and is only 28 years old," Ducks general manager Bob Murray said. "We are going to give him a chance to go to Syracuse and establish himself again. He's worked hard to get back into shape and we are looking forward to seeing what he can do."
Emery underwent specialized hip surgery in April to address deterioration of the ball of his right hip without a full replacement.
"Usually when you have this type of thing done, they just want you to walk again," Emery said of the procedure in October.
"This is something I love to do and I don't want to take it for granted," Emery said at the time. "You can look at this as a bad thing or you can look at it as a chance to really realize that you should give it all you got because it's not over yet. Give it your best to get back at it."
ESPN.com hockey writer Pierre LeBrun contributed to this report.