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In professional sports, 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.
Major League Baseball transactions are changes made to the roster of a major league team during or after the season. They may include waiving, releasing, and trading players, as well as assigning players to minor league teams.
The NBA salary cap is the limit to the total amount of money that National Basketball Association teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA). This limit is subject to a complex system of rules and exceptions and is calculated as a percentage of the league's revenue from the previous season. Under the CBA ratified in July 2017, the cap will continue to vary in future seasons based on league revenues. For the 2022–23 season, the cap is set at $123.655 million.
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.
Arlington Louis "Ali" Highsmith is a former professional American football linebacker. He was signed by the Arizona Cardinals of the National Football League (NFL) as an undrafted free agent in 2008. He played college football at Louisiana State University.
In professional sports within the United States and Canada, a trade is a sports league transaction between sports clubs involving the exchange of player rights from one team to another. Though player rights are the primary trading assets, draft picks and cash are other assets that may be supplemented to consummate a trade, either packaged alongside player rights to be transferred to another team, or as standalone assets in exchange for player rights and/or draft picks in return. Typically, trades are completed between two clubs, but there are instances where trades are consummated between three or more clubs.
The NHL salary cap is the total amount of money that National Hockey League (NHL) teams are allowed to pay their players. It is a "hard" salary cap, meaning there are no exemptions.
Waivers is a National Hockey League (NHL) labor management procedure by which an NHL team makes a professional ice hockey player's contract and rights available to all other NHL teams. Other NHL teams "waive" any claim to a player designated for assignment in the American Hockey League (AHL) or designated for release. The process is typically referred to as "being placed on waivers." It is similar to the designated for assignment process in Major League Baseball.
Samuel James Ficken is an American football placekicker who is a free agent. He played college football at Penn State. He was signed as an undrafted free agent by the Jacksonville Jaguars in 2015, and has also been a member of the Kansas City Chiefs, Los Angeles Rams, Seattle Seahawks, and Green Bay Packers.
Roberto Jose Aguayo is an American football placekicker who is a free agent. He played college football at Florida State University, where he was the most accurate kicker in Atlantic Coast Conference (ACC) history and third in NCAA history. He was drafted by the Tampa Bay Buccaneers in the second round of the 2016 NFL Draft, unusually high for a special teams player. Despite an accomplished collegiate career at Florida State, Aguayo is considered to be among the biggest "busts" in recent NFL history. Aguayo served as the starting kicker for the Tampa Bay Buccaneers for one season in 2016. He then had stints with the Chicago Bears, Carolina Panthers, Los Angeles Chargers and New England Patriots between 2017 and 2021 without seeing any regular season game action.
The NFL collective bargaining agreement (CBA) is a labor agreement which reflects the results of collective bargaining negotiations between the National Football League Players Association (NFLPA) and National Football League (NFL). The labor agreement classifies distribution of league revenues, sets health and safety standards and establishes benefits, including pensions and medical benefits, for all players in the NFL. The first collective bargaining agreement was reached in 1968 after player members of the NFLPA voted to go on strike to increase salaries, pensions and benefits for all players in the league. Later negotiations of the collective bargaining agreement called for injury grievances, a guaranteed percentage of revenues for players, an expansion of free agency and other issues impacting the business of the NFL. The NFLPA and team owners have negotiated seven different agreements since 1968.
Christian Jacques Rashad Ringo is an American football nose tackle who is a free agent. He played college football at Louisiana and was drafted by the Green Bay Packers in the sixth round of the 2015 NFL Draft.
Timothy Chad Hansen is an American football wide receiver who is a free agent. He played college football for the California Golden Bears and was drafted by the New York Jets in the fourth round of the 2017 NFL Draft.
In North American sports contracts, waivers is a type of player transaction. A player under contract to a team is placed on "waivers" for a specified period of time; during this time other teams may submit a claim for that player's contract. Based on a priority system, the team with the highest priority earns either the right to negotiate with the player's current team, or in some cases, the right to assume the contract of that player from the current team. Each of the four major league sports has somewhat different procedures for handling waivers. The purpose of waivers is to prevent teams from colluding to exchange players outside of the normal trade rules, as well as to encourage parity by giving lower-ranked teams the right of first refusal to claim players who are no longer wanted by their former club.
Zach Sieler is an American football defensive end for the Miami Dolphins of the National Football League (NFL). He played college football at Ferris State, and was drafted by the Baltimore Ravens in the seventh round of the 2018 NFL Draft.
Nsimba Webster is an American football wide receiver and return specialist for the Chicago Bears of the National Football League (NFL). He played college football at Eastern Washington and signed with the Los Angeles Rams as an undrafted free agent in 2019.
Blake Andrew Hance is an American football guard for the Jacksonville Jaguars of the National Football League (NFL). He played college football at Northwestern.
Kyle Markway is an American football tight end for the Michigan Panthers of the United States Football League (USFL). He played college football at South Carolina.
Franklin "Mac" McCain III is an American football cornerback who is a free agent. He played college football for North Carolina A&T and was signed as an undrafted free agent by the Denver Broncos in 2021.
Yusuf Corker is an American football safety who is a free agent. He played college football at Kentucky.
References
- 1 2 3 "Waivers" (PDF). 2006 NFL Fact & Record Book. Archived from the original (PDF) on September 10, 2008. Retrieved September 4, 2008.
- 1 2 3 4 "NFL WAIVER SYSTEM/RULES". Dawg Talkers Message Boards. Dawgtalkers.net. September 14, 2006. Archived from the original on September 10, 2009. Retrieved September 4, 2008.