Free to make a new tenure agreement (7)
I believe the answer is:
release
'free' is the definition.
(to release someone is to free them)
'a new tenure agreement' is the wordplay.
'a new tenure' becomes 're' (I am not sure about this - if you are sure you should believe this answer much more).
'agreement' becomes 'lease' (lease is a kind of agreement).
're'+'lease'='RELEASE'
'to make' is the link.
Can you help me to learn more?
(Other definitions for release that I've seen before include "press announcement" , "New film" , "Authorise publication" , "Let go" , "record" .)