Free Agent

In professional sports, a free agent is a player who is eligible to sign with any club or franchise, i.e. not under contract to any specific team. The term is also used in reference to a player who is under contract at present, but who is allowed to solicit contract offers from other teams. In some circumstances, the free agent's options are limited by league rules.

The term came into wider use after sports leagues stopped using a "reserve clause", which provided a repetitive option for the club to renew the contract for one or more years but did not allow the player to terminate it.

Read more about Free Agent:  Drawbacks For Owners, Deadlines

Famous quotes containing the words free and/or agent:

    Young mothers assemble
    At swing and sandpit
    Setting free their children.
    Philip Larkin (1922–1986)

    ... in doing our psychology, we want to attribute mental states fully opaquely because it’s the fully opaque reading which tells us what the agent has in mind, and it’s what the agent has in mind that causes his behavior.
    Jerry Alan Fodor (b. 1935)