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In professional sports (especially in North America), a free agent is a player 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. In some circumstances, the free agent's options are limited by league rules. Types = Terms = Unrestricted free agent Unrestricted free agents are players without a team. They have either been released from their club, had the term of their contract expire without a renewal, or were not chosen in a league's draft of amateur players. These people, generally speaking, are free to entertain offers from all other teams in the player's most recent league and elsewhere and to decide with whom to sign a contract. Players who have been bought out of league standard contracts may have restrictions within that league, such as not being able to sign with the buy-out club for a period of time in the NHL, but are otherwise not restricted. Restricted free agent The specific rules of restricted free agency vary among the major professional sports, but in principle it means that a player is currently signed to one team but is free to solicit contract offers from other teams, however, this player cannot sign with the competing club if the current club matches (or in some leagues, comes within 10% of) the terms of the offered contract. For a restricted free agent, some leagues require the comp team to offer to the original team one or more draft picks, when an offer is not matched, as compensation for losing the player. Undrafted free agent Players who are not drafted in a league's annual draft of amateur players are considered to be unrestricted free agents and are free to negotiate contracts with any team.

This GIF Bitmap Image Sign Free HD Image is a part of Free Signs Category in Symbols Folder. Sign Free HD Image has a Resolution of 92x72 Pixels. Sign Free HD Image is of .gif (Graphics Interchange Format) Format. It's Size is 51.5KB. This GIF has been Downloaded 96 times till now. Sign Free HD Image was Added on 03-07-2021. Download Sign Free HD Image by clicking the button below: