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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.
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.
A restricted free agent is subject to his current team's Right of First Refusal, meaning that the player can be signed to an offer sheet by another team, but his current club reserves the right to match the offer and keep the player. An offer sheet is a contract offer of at least two years made by another team to a restricted free agent. [20]
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 ...
NHL. In the National Hockey League, an offer sheet is a contract offered to a restricted free agent by a team other than the one for which he played during the prior season. If the player signs the offer sheet, his current team has seven days to match the contract offer and keep the player or else he goes to the team that gave the offer sheet ...
Two-way contract. A two-way contract is a professional sports contract that stipulates that an athlete's salary is dependent upon the league in which the athlete is assigned to play. This is opposed to a one-way contract that would pay the same salary regardless of where the athlete is assigned to play. [1]
Jeremy Shu-How Lin (born August 23, 1988) is a Taiwanese-American [ 1 ][ 2 ] professional basketball player for the New Taipei Kings of the Taiwan Professional Basketball League (TPBL). He unexpectedly led a winning turnaround with the New York Knicks of the National Basketball Association (NBA) during the 2011–12 season, sparking a cultural ...
Lou Williams. Louis Tyrone Williams (born October 27, 1986) is an American former professional basketball player. He was drafted directly out of high school by the Philadelphia 76ers with the 45th overall pick in the 2005 NBA draft. He is a 3-time NBA Sixth Man of the Year.