Free agent

A free agent is a player who has a valid contract with a club in his league and therefore may change its sole discretion to a club of his choice in the U.S. professional sports. Free Agents can be player whose contract has expired at a club, or players who were taken in the Drafts of any club under contract.

In some professional leagues distinction is made between an "unrestricted free agent" and a "restricted free agent ". The unrestricted free agents to choose their new club will, at the restricted free agents, there are contractual limitations imposed by their previous club, such as a preference right under the same conditions or compensations transfer fees or Draft- place exchange.