Free agency is a period in professional sports when players whose contracts have expired can negotiate and sign with any team. This allows athletes to explore new opportunities and potentially secure better contracts or join teams with a higher chance of success. Free agency is common in leagues like the NFL, NBA, and MLB. During free agency, teams often compete to attract top talent, which can significantly impact their performance in the upcoming season. Players may consider factors such as team culture, location, and financial offers when making their decisions. This process is crucial for both players and teams in shaping their futures.