Posted at 8:41 PM on October 24, 2006
by Ben Tesch
MLB players, owners announce five-year labor deal
Baseball players and owners proclaimed an unprecedented era of labor peace, finalizing a new five-year collective bargaining agreement Tuesday night. The deal makes relatively minor changes to the previous agreement, and doesn't alter baseball's drug rules.
As Peter Gammons puts it: "There is little that is earth-shattering about the deal except that it was accomplished so discreetly, without threats or cries of poverty, press conferences or games missed. That's because the baseball business is awash in cash."