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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. 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 2023–24 season, the cap is set at $136.021 million.
A restricted free agent (RFA) is a type of free agent in some sports leagues, such as the National Football League (NFL), National Hockey League (NHL), and 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 an American former professional football player who was a linebacker for the Arizona Cardinals of the National Football League (NFL). He played college football for the LSU Tigers, earning first-team All-American honors in 2007. He was signed by the Cardinals as an undrafted free agent in 2008.
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 each National Hockey League (NHL) team is allowed to pay its players collectively. It is a "hard" salary cap, meaning there are no exemptions. The current cap system was introduced in the 2005–06 season.
Jared Veldheer is an American former professional football offensive tackle who is a free agent. He was selected by the Oakland Raiders in the third round of the 2010 NFL draft. He played college football at Hillsdale.
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 American professional football placekicker. 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, Green Bay Packers, New York Jets, Tennessee Titans and Detroit Lions.
Malik Terrell Jefferson is an American professional football linebacker. He played college football at Texas. As a senior at Poteet High School in Mesquite, Texas, Jefferson won the 2014 Butkus Award given to the best linebacker in high school. He has been a member of the Cincinnati Bengals, Cleveland Browns, Los Angeles Chargers, and Tennessee Titans of the National Football League (NFL).
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 professional football nose tackle. He played college football at Louisiana and was drafted by the Green Bay Packers in the sixth round of the 2015 NFL draft.
Josh Woodrum is a former American football quarterback. He played college football at Liberty University and signed with the New York Giants as an undrafted free agent in 2016.
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.
Zachary Wilfried Sieler is an American professional football defensive end for the Miami Dolphins of the National Football League (NFL). He played college football at Ferris State, and was selected by the Baltimore Ravens in the seventh round of the 2018 NFL draft.
Calvin Throckmorton is an American professional football guard for the Denver Broncos of the National Football League (NFL). He played college football at Oregon, and signed as an undrafted free agent by the New Orleans Saints in 2020.
Nate Brooks is an American professional football cornerback for the Cincinnati Bengals of the National Football League (NFL). He played college football at North Texas and signed with the Arizona Cardinals as an undrafted free agent in 2019. He has also been a member of the New England Patriots, Miami Dolphins, Baltimore Ravens, Tampa Bay Buccaneers, Tennessee Titans, Las Vegas Raiders, San Francisco 49ers, Birmingham Stallions.
Michael Ojemudia is an American professional football cornerback. He played college football at Iowa.
Yusuf Corker is an American football safety. 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.