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:
“I could buy one
Tape and get another free. I accept- Ed the deal, paid for one tape and
Chose a free one. But since I’ve been
Repeatedly billed for my free tape.”
—John Ashbery (b. 1927)
“The most durable thing in writing is style, and style is the most valuable investment a writer can make with his time. It pays off slowly, your agent will sneer at it, your publisher will misunderstand it, and it will take people you have never heard of to convince them by slow degrees that the writer who puts his individual mark on the way he writes will always pay off.”
—Raymond Chandler (1888–1959)