Free Agency Clause Samples
The Free Agency clause establishes the conditions under which an individual, typically an athlete or employee, is permitted to negotiate and sign contracts with other organizations or teams once their current contract expires or certain criteria are met. In practice, this clause outlines eligibility requirements, such as years of service or contract completion, and may specify any restrictions or waiting periods before negotiations can begin. Its core function is to provide individuals with the opportunity to seek new opportunities and negotiate better terms, while also ensuring that organizations have clear guidelines for retaining or releasing talent.
Free Agency. Out-of-Contract Players
(a) Out-of-Contract Players - Eligibility:
(i) Age and Service Years: Free Agency for out-of-contract players is available for Players who will be at least twenty-eight (28) years old in the year in which the immediately preceding League Season concluded and have at least eight (8) MLS Service Years.
Free Agency. (a) The Parties agree to establish a working party to discuss further changes to the free agency system.
(b) The working party will meet at the conclusion of the free agency and trade period in November 2014 and will aim to conclude its discussions by 28 February 2015. The Parties acknowledge that Clubs and Players will require sufficient time to prepare for the implementation of any new rules for the free agency and trade period, with such period to be agreed between the Parties.
Free Agency. (a) Group 3 Players and Free Agents.
(i) Any Player who either has seven (7) Accrued Seasons or is 27 years of age or older as of June 30 of the end of a League Year, shall, if his most recent SPC has expired, with such expiry occurring either as of June 30 of such League Year or June 30 of any prior League Year, become an Unrestricted Free Agent. Such Player shall be completely free to negotiate and sign an SPC with any Club, and any Club shall be completely free to negotiate and sign an SPC with such Player, without penalty or restriction, or being subject to any Right of First Refusal, Draft Choice Compensation or any other compensation or equalization obligation of any kind.
(ii) An Unrestricted Free Agent shall not be subject to any limitations on the period of time before which he may qualify as an Unrestricted Free Agent again, or to any limitations on the number of times he may become an Unrestricted Free Agent, except for a Group 5 Player, who may only elect to become a Group 5 Player once, but who may qualify to be another type of Unrestricted Free Agent in accordance with the terms of this Agreement.
Free Agency. 1. For 2004 and thereafter, each player will become an unrestricted free agent at the expiration of his contract, regardless of his years of service. (The free agency rules and procedures set forth in the ▇▇▇▇▇▇ Settlement Agreement will remain in effect for 2003.)
2. For 2004 and thereafter, there will be no limit on placing players under contract on the Refuse To Report (RTR) List, but the list will apply only to players under contract.
3. The AFL will maintain Exemption Categories for NFL, NFLE and the CFL. The AFL and the team must permit the player to go to the NFL, NFLE or the CFL if requested to do so by the player. A team will retain the rights to such player under the same terms and conditions as the player’s contract prior to the player going to the NFL, NFLE or the CFL. No team or player may waive these rights, except that in the future a player and a Team may agree in a player contract whether, and/or on what terms, the player may leave the Team for NFLE or the CFL, and as to whether the Team retains such rights to the player after he leaves NFLE or the CFL and returns to the AFL.
Free Agency. (a) Exclusive Rights Players. Any player with fewer than three Accrued Seasons as of the end of the 2010 League Year who received an Exclusive Rights Mini- mum Salary Tender prior to the end of the 2010 League Year shall be an Exclusive Rights player.
Free Agency. The AFLW Free Agency period is to follow the Sign and Trade Period, in which AFLW Clubs with remaining spots in their List can sign players as follows:
(a) Unrestricted Free Agent: any Player who was not offered a place on the AFLW Club’s List for the upcoming AFLW Season.
(b) Restricted Free Agent: any Player who was offered a place on their AFLW Club’s list for the upcoming AFLW Season but at a lower payment Tier than they were at in the previous AFLW Season. A Restricted Free Agent under this clause can only be signed to an AFLW Club if that Club offers the Restricted Free Agent payment at or above their previous AFLW Season payment tier.
Free Agency