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Free agent. In professional sports, a free agent is a player or manager who is eligible to sign with other clubs or franchises; 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 offers from other teams.
Restricted free agent. A restricted free agent ( RFA) is a type of free agent in the National Football League (NFL), National Hockey League (NHL), or National Basketball Association (NBA). Such players have special restrictions on the terms under which they can retain or change employment status with their athletic club teams.
The reserve clause, in North American professional sports, was part of a player contract which stated that the rights to players were retained by the team upon the contract's expiration. Players under these contracts were not free to enter into another contract with another team. Once signed to a contract, players could, at the team's ...
An unrestricted free agent is someone who has accrued four or more NFL seasons upon their contract expiring. Restricted free agents are able to be approached from March 13.
March 13: NFL free agency opens and new league year begins At 4 p.m. ET on Wednesday, March 13, players are free to sign contracts with new teams, and trades are allowed to be completed.
The NFL’s two-day negotiation period opens at noon Monday, during which teams can contact and enter negotiations with unrestricted free agents. These deals cannot be finalized until the new ...
Franchise tag. In the National Football League (NFL), the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met. Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition ...
Transition tag. A transition tag is a tool used by National Football League teams to retain unrestricted free agents. It guarantees the original club the right of first refusal to match any offer the player may make with another team. The transition tag can be used once a year by each club unless they elect to use a franchise tag instead.