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free agent
(redirected from Restricted free agency)

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free agent

Person who is not under permanent contract of employment but operates independently.

Fast Company is among a number of publications that has documented the rise of the ‘free agent nation’. The downsizing and delayering of the late 1980s and early 1990s led to a shift from ‘job for life’ permanent employment contracts to a situation where many individuals act as free agents, taking their skills and services from one corporation to another. The term free agent encompasses the self-employed, independent contractors and temporary workers employed through agencies.
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Davis can put the suitcases away, because the Celtics finally rescued him from restricted free agency with a two-year deal worth about $6 million that keeps him on the team that he helped win an NBA championship two years ago in his rookie season.
Celts put `Baby' to bed; Davis given two-year deal by Telegram & Gazette (Worcester, MA)
Frolov would have been eligible for restricted free agency after the 2008-09 season, but the Kings now have him under contract for one year beyond that.
FROLOV, BURE SIGNINGS FINISH KINGS' DEALINGS by Daily News (Los Angeles, CA)
Other terms of the agreement set the minimum salary at $125,000 through 1998, increasing to $150,000 in 1999; limit the active roster size to 20 players and 2 goalies and the overall roster to 24 players after the 1995 season, a limit that the NHL may lower to 23 in the event of further expansion; continue provisions granting restricted free agency to players after 3 years of NHL experience; and allow for a reopener in 1998.
Pact ends NHL lockout by Cimini, Michael H.; Muhl, Charles J. / Monthly Labor Review
 
 
 
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