Unrestricted Free Agent (UFA): Any player with four or more accrued seasons or an expired contract; free to negotiate and sign with any team.
Restricted Free Agent (RFA): A player with three accrued seasons and an expired contract. RFAs are free to negotiate and sign with any team, but their original team can offer them one of various qualifying offers ("tenders") that come with the Right of First Refusal and/or draft-pick compensation. These amounts change by a minimum of five percent and a maximum of 10 percent (based on the salary cap) each league year.
Exclusive Rights Free Agent (ERFA): Any player with fewer than three accrued seasons and an expired contract. If his original team offers him a one-year contract and the league minimum (based on his credited seasons), the player cannot negotiate with other teams.
For a complete break down of free agency terminology, visit NFL.com
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