Center Gerry Meehan, chosen by the Washington Capitals' management as the team's most valuable player in 1976-77, was waived out of the National Hockey League yesterday and transferred to the first-place Cincinnati Stingers of the World Hockey Association.

Meehan, 32, was the oldest of the Capitals' six centers and had seen only limited duty this fall, collecting two goals and four assists in 18 games. Acquired from Atlanta in January, 1976, Meehan recorded 28 goals and 36 assists in that excellent 1976-77 season, then tailed off to 19 goals and 24 assists a year ago.

"I still feel there's a lot of hockey left and I'm not about to give it up without convincing myself differently," Meehan said. "I welcome the chance to go somewhere else and keep active. I have mixed feelings, but it's obvious their plans for me in this town had ended.

"It's nice to go to a team where I can play regularly and one that is winning. It will be fun going out with an attitude that the odds are in favor of winning. It's discouraging to play in a situation where you're always behind the eight ball. The spirit is good here, but the other teams are all geared up. There are no easy games anywhere."

"It was a matter of numbers," said Washington General Manager Max McNab. "We have Ryan Walter -- 20, Guy Charron -- 29, Dennis Maruk -- 23, Rolf Edberg -- 28 and Greg Carroll -- 22. When we sort things out and get the assignments set, all are pretty well capable of close to a point a game.

"Gerry has contributed, he's a real gentleman and he's been a fine man for our organization. We think this is the best possible arrangement for him."

In another shift, defenseman Jack Lynch was assigned to Hershey.