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:
“‘Society’ in America means all the honest, kindly-mannered, pleasant- voiced women, and all the good, brave, unassuming men, between the Atlantic and the Pacific. Each of these has a free pass in every city and village, ‘good for this generation only,’ and it depends on each to make use of this pass or not as it may happen to suit his or her fancy.”
—Henry Brooks Adams (1838–1918)
“The agent never receipts his bill, puts his hat on and bows himself out. He stays around forever, not only for as long as you can write anything that anyone will buy, but as long as anyone will buy any portion of any right to anything that you ever did write. He just takes ten per cent of your life.”
—Raymond Chandler (1888–1959)