By Michael Lewis
With the deadline only hours away just before midnight, Major League Soccer and the Major League Soccer Players Association Friday night reached a tentative agreement on a new Collective Bargaining Agreement.
The agreement, covering the next seven years from 2021 through 2027, is subject to the approval of the MLS board of governors and the membership of the MLSPA.
MLS Statement on CBA Negotiations pic.twitter.com/aWV7uUr2NN
— Major League Soccer (@MLS) February 6, 2021
The full player pool of the MLSPA will take a ratification vote over the weekend.
MLS threatened to stage a lockout if no agreement had been reached between the two parties.
On Dec. 29, the league invoked a force majeure clause on the CBA. The league claimed it had lost almost $1 billion in 2020, with some $725 million due to the pandemic.