Free Agency
Free Agency

Free Agency Explained

2018 Free Agency begins on July 1

Free agency for the 2018-19 season begins at 12:01 a.m. ET on July 1, 2017.

> 2018 Free Agent Tracker

Free Agent Tracker Key

UFA Unrestricted free agent
RFA Restricted free agent
Player option
** Team option
*** Early termination option
^ Two-way free agent


Free Agency Terminology

Unrestricted free agent 
An unrestricted free agent (UFA) is free to sign with any team, though some unrestricted free agents have options on their existing contracts that, if exercised, may impact their choices.

Restricted free agent 
A restricted free agent (RFA) can sign an offer sheet with any team, but the player's original team can retain him by matching the terms of that offer. The original team is said to have the "right of first refusal."

Team Option 
team option grants the original team the right to keep a player for another year.

Player Option 
player option grants the player the power to decide whether to stay for another year or become a completely unrestricted free agent. In either case (team option or player option) if the option is refused, the player is completely unrestricted and free to sign with any team.

Early Termination Option 
An early termination option gives the player the right to end a signed contract. The option cannot be exercised before the end of the fourth year of an existing contract. If the player declines to exercise the option, he remains with the original team. If the option is exercised, he is free to sign with any team.

Two-way Free Agent
A Two-Way player (other than a first round draft pick whose third or fourth year option was not exercised) will be a Restricted Free Agent at the conclusion of a Two-Way Contract if he was on the NBA team’s active or inactive list for 15 or more days of the NBA regular season in the last season of such contract and provided that the team makes a Qualifying Offer to the player.


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