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 agent, free and/or agent:
““Under an accumulation of staggerers, no man can be considered a free agent. No man knocks himself down; if his destiny knocks him down, his destiny must pick him up again.””
—Charles Dickens (1812–1870)
“I doubt if a single individual could be found from the whole of mankind free from some form of insanity. The only difference is one of degree. A man who sees a gourd and takes it for his wife is called insane because this happens to very few people.”
—Desiderius Erasmus (c. 1466–1536)
“Caution is the confidential agent of selfishness.”
—Woodrow Wilson (1856–1924)