Restricted Free Agent definition

Restricted Free Agent means a Veteran Free Agent who is subject to a Team’s right of first refusal in accordance with Article XI.
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Restricted Free Agent means a Veteran who has three Accrued Seasons and who completes performance of his Player Contract, but who is still subject to a Right of First Refusal and/or Draft Choice Compensation in favor of his Prior Club.
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Restricted Free Agent means a Player whose SPC has expired, but who is still subject to a Right of First Refusal and/or Draft Choice Compensation in favor of his Prior Club as described in Article 10 of this Agreement.
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Examples of Restricted Free Agent in a sentence

  • The player so designated may be one who would otherwise be a Restricted Free Agent.

  • Promptly upon but no later than two business days after the giving of a First Refusal Exercise Notice to the Restricted Free Agent, the Prior Club shall cause a copy thereof to be given to the NFL, which shall notify the NFLPA.

  • An Offer Sheet, before or after it is given to the Prior Club, may be revoked or withdrawn only by the Clubs upon the written consent of the Restricted Free Agent.

  • Promptly upon but no later than two business days after the giving of an Offer Sheet to the Prior Club, the Restricted Free Agent shall cause a copy thereof to be given to the NFL, which shall notify the NFLPA.

  • A ROFR Team may continue to reassert its Right of First Refusal by following the foregoing procedure in each subsequent year in which that Restricted Free Agent does not sign an Offer Sheet with any Team by the July 1 of the WNBA Season for which the Restricted Qualifying Offer is made, and does not sign a Player Contract with the ROFR Team before that Season ends.

  • Such a designation can apply to any Veteran Free Agent who would otherwise be an Unrestricted Free Agent or a Restricted Free Agent.

  • No right of first refusal (“Right of First Refusal”) shall be applicable to any Free Agent other than a Restricted Free Agent.

  • If such a Restricted Qualifying Offer is made, then, on the February 1 following the Season covered by the player’s Fourth Year Option, the player shall become a Restricted Free Agent, subject to a Right of First Refusal in favor of the Team (“ROFR Team”), as set forth in Section 6 below.

  • A Restricted Qualifying Offer made to a Restricted Free Agent may be withdrawn by the Team at any time through the February 15 following its issuance.

  • The NFL shall also have the right to prepare lists with the same information identifying players who are subject to a Franchise or Transition Tender, or who were eligible for but did not receive a Restricted Free Agent of Exclusive Rights Player Qualifying Offer.


More Definitions of Restricted Free Agent

Restricted Free Agent means a Veteran whose Standard Player Contract SPC has expired but who is subject to the Rights of a Member With Rights.
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