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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.
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.
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 ...
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.
NFL free agency begins Wednesday at 4 p.m. ET, which is also the start of the NFL's new league year. Yahoo Sports is ranking the top five NFL free agents by position. (Mallory Bielecki/Yahoo Sports)
Waivers (NFL) Waivers are a National Football League (NFL) labor management procedure by which a team makes an American football player's contract or NFL rights (such as NFL draft rights to an unsigned player) available to all other teams. During the season (starting July 4 and lasting through the regular season), each team has 24 hours to file ...
The sign-and-trade helps NBA teams capitalize on financial assets that they would otherwise lose—with nothing gained in return—if a player became a free agent. It is a factor in the departing player's increased salary and extended contract. It helps the team gaining the player, by enabling it to offer a better/more economically competitive ...