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:
“Democratization is not democracy; it is a slogan for the temporary liberalization handed down from an autocrat. Glasnost is not free speech; only free speech, constitutionally guaranteed, is free speech.”
—Gail Sheehy (b. 1937)
“The childless experts on child raising also bring tears of laughter to my eyes when they say, “I love children because they’re so honest.” There is not an agent in the CIA or the KGB who knows how to conceal the theft of food, how to fake being asleep, or how to forge a parent’s signature like a child.”
—Bill Cosby (20th century)